3 New Solar Projects from Distributed Solar Development and
the Cape & Vineyard Electric Cooperative Will Save More Than $100,000 in Annual Energy Costs.
Energy Committee of the Cape & Islands and Energy/Climate Groups
December 10, 2020
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Read the 1.11.20 Cape Cod Times article on CVEC’s tremendous accomplishments for the Cape & Islands!
The Cape & Vineyard Electric Cooperative (CVEC) was created in 2007 to provide the municipalities of Cape Cod and Martha’s Vineyard a way to work together to integrate clean, renewable energy as part of a more sustainable Cape Cod and Martha’s Vineyard. Today, CVEC’s 32 governmental participants benefit both from annual savings of over $3,000,000 annually and from commensurate greenhouse gas reduction. With the completion of CVEC’s Photovoltaic/Storage Initiative Round 4, due for completion in 2020, CVEC will have facilitated the installation of 53 renewable energy projects, able to meet over 3% of the Cape & Vineyard’s electrical use with renewable energy.
Liz Argo, CVEC Executive Director, interviewed about CVEC in 2019/2020. Click to see Video.
The Cape & Vineyard Electric Cooperative works in concert with the ongoing mission of the Cape Light Compact to advance the interests of electricity consumers throughout Cape Cod and Martha’s Vineyard.
To learn more about the mission of CVEC in conjunction with the Cape Light Compact, click here.
CVEC has completed a Feasibility Study for the Battery Energy Storage System at Dennis-Yarmouth High School to be installed through a Community Clean Energy Resilience Initiative grant from the Massachusetts Department of Energy Resources. To access the study and the interactive Revenue Table, click here.
To see Fiscal Year 2020 Production Reports for all 32 of CVEC’s PV projects’ with each participant’s total savings, click here.
Annual Production Reports are also available in CVEC’s Annual Reports available on the About CVEC page.
CVEC has now completed negotiating its next PV/Storage Initiative, Round 4, totaling ~12 MW. Construction will begin in early 2020. Towns, schools and counties to get additional PV and storage from CVEC’s Round 4 are Brewster, Harwich, Monomoy School District, Oak Bluffs, Sandwich and Yarmouth.
In November 2019, CVEC awarded another PV/Storage Initiative, Round 5, which is estimated to total another ~14MW. Towns, schools and counties to get additional PV and storage from CVEC’s Round 5 are Aquinnah, Chatham, Harwich, Marion, Mashpee, Nauset Regional School District, Sandwich and Yarmouth. Pre-construction work on Round 5 is to start in February 2020 with powering up starting in 2021.