North Mankato approves solar energy subscription, could save $162,000 over 25 years

By |2018-07-17T12:53:37-05:00July 17th, 2018|

North Mankato has signed on to a solar energy subscription that will save the City 1-cent for every kilowatt hour for the next 25 years. The plan includes no upfront costs or investment and North Mankato will have the option to terminate the agreement after five years, with a five year replacement period. The savings in the first five years is estimated at 34-thousand dollars. Subscribing to the solar garden for the entire agreement would save the City just over 162-thousand dollars. Novel Energy Solutions Business Development Executive Rick Masloski says Mankato and Eagle Lake are already on board with the [...]