Houghton College/NextEra Solar Array Solar Array Details 2.5 MW system covering 11 acres 2.92 million kWh production (equivalent to powering 270 homes all year) Will provide 54% of Houghton’s annual electricity demand No cost to Houghton to build or maintain (funding through NextEra Energy & NYSERDA grant) Array will be owned and operated by NextEra Houghton has agreed to purchase 100% of the energy generated by the array for 25 years Benefits to Houghton Guaranteed energy rates Potential savings of $1-3 million over 25 years Clean, renewable energy 23% greenhouse gas emission reduction (1,877 MTCO2e or like taking 400 cars off road) Publicity Construction Timeline Material procurement – now Site preparation: May Construction and installation: June – August Installation complete – mid September Ribbon cutting - Homecoming Operational – March 2015 or earlier (depending on RGE)