Page 335 - FY 2026-2027 Adopted Budget Book
P. 335

Library Solar Panel System Replacement









               In 2009, the State Energy and Conservation Office (SECO) awarded the City of Bedford with a $1.9 million
               dollar grant to install 824 solar panels at the site of the new Library.

               The Library photovoltaic system produces an estimated 350,000-kilowatt hours of energy annually. The
               photovoltaic system is composed of solar panels and an inverter. An inverter is one of the most important
               pieces of equipment in a solar energy system. It's a device that converts direct current (DC) electricity, which is
               what a solar panel generates, to alternating current (AC) electricity, which the electrical grid uses.

               The lifespan of an inverter is 15-20 years and the panels are estimated to last 25 years. The most cost-
               effective time to replace a photovoltaic system is when you replace the building roof.

               Without this replacement, the cost of operating the library will increase due to higher electricity bills.



               A funding source has not been identified for this project; therefore, it is included as "unfunded" in the Capital
               Improvement Plan.


                                                                Project Activity Costs
               Funding Sources
                 $750K


                 Amount $500K

                 $250K                                                                 C C Construction:: n n :
                                                                                            i
                                                                                            t
                                                                                        o
                                                                                         s
                                                                                          r
                                                                                          t
                                                                                           c
                                                                                        n
                                                                                          u
                                                                                            o
                                                                                          r
                                                                                           c
                                                                                        o
                                                                                          u
                                                                                         s
                                                                                        n
                                                                                            t
                                                                                          t
                                                                                            i
                                                                                            o
                                                                                              0
                                                                                          0
                                                                                               %
                                                                                              0
                                                                                            0
                                                                                           .
                                                                                            0

                                                                                             1
                                                                                             (
                                                                                           0
                                                                                          0
                                                                                        5
                                                                                         0
                                                                                       $ $ $750,000.00 (100%)) )
                                                                                        7
                                                                                         ,
                                                                                               %
                                                                                            0

                                                                                            0
                                                                                             1
                                                                                             (
                                                                                              0
                                                                                              0
                                                                                        5
                                                                                           0
                                                                                          0
                                                                                         0
                                                                                        7
                                                                                          0
                                                                                           .
                                                                                         ,
                   $0                                                         Total Amount (FY2030)
                                      FY2030                                       $750,000.00
                                  Fiscal Year : Fiscal Years
                  Unfunded                                         Construction
               Data Updated: Aug 26, 2026, 3:44 PM   View Report   Data Updated: Aug 26, 2026, 3:44 PM  View Report
               Phase / Activities                                                                       FY2030
                Amount
                 Construction                                                                          $750,000
                AMOUNT                                                                                 $750,000
               Fund                                                                                     FY2030
                Amount
                 Unfunded                                                                              $750,000
                AMOUNT                                                                                 $750,000
    FY 2026-2027 Adopted Budget Book · September 15, 2026                                                            331
   330   331   332   333   334   335   336   337   338   339   340