Blue Earth County’s six-acre solar project, located off US Highway 14, has added 1.3 megawatts and will now produce enough equivalent energy to power approximately 165 average Minnesotan homes.
In addition to the county, IPS Solar chief development officer Eric Pasi said School Sisters of Notre Dame and a couple of municipalities are primary subscribers and, “Our participants are saving on electricity immediately; there are no upfront costs for them to participate and it allows them to forecast their energy costs moving into the future. If utility rates continue to rise at historic rates our subscribers will see significant savings over the next 25 years in excess f eight million dollars.”
Pasi said the huge increase in solar garden installation in recent years is related to the cost of the technology. “SO, just like computers have become more efficient, more powerful, and less costly over the last 20 years the same thing is occurring with solar technology,” he explained.
IPS has been around since 1991, and Pasi said since 2007 costs have come down 90 percent, and there has been a more than 50 percent increase in efficiency.
A ribbon cutting event will be held May 9th from 10:30 a.m. to noon at 1045 Thompson Ravine Road in Mankato.