Franklin REC seeks land for additional solar farm

Franklin REC seeks land for additional solar farm

FOR IMMEDIATE RELEASE

September 18, 2017

 

Contact:         Becky Bradburn, CPA

                        Executive Vice President/General Manager

                        Franklin Rural Electric Cooperative

                        bbradburn@franklinrec.coop

                        641-456-2557

 

Franklin REC seeks land for additional solar farm

 

Hampton, Iowa – With its first solar panels successfully in production, Franklin Rural Electric Cooperative (REC) is currently seeking to acquire the property for a second site.

“Franklin REC is looking for a 1-acre parcel of land within our service area,” states General Manager Becky Bradburn. She explains that the location must have an east-west width of 350 feet. Ideally, the site will be located on a hard surface road, offering visibility for promotional exposure of the project. Because the project will take the land out of production, it is not necessary that it be prime farm ground.

Franklin REC’s community solar project was initiated with the array of 508 panels located on the lawn south of REC headquarters on Highway 65, north of Hampton. The energy produced is distributed to the power grid. Co-op members have the opportunity to purchase subscriptions for the project’s energy output. In return for their investment, members receive monthly bill credits for their share of the energy produced.

With the first location serving as a demonstration project providing real-time data of solar output (available on the cooperative’s website, www.franklinrec.coop), the board of Franklin REC is ready to expand the project.

 “We are excited to take this important step for our member-owners,” Bradburn says. “Many want to be involved in renewable energy, but do not find it affordable to place solar panels or wind turbines at their home. The economies of scale of community solar allow Franklin REC to provide an affordable way for members to know that a portion of the electricity they use is helping the environment.”

Franklin REC takes care of installation, maintenance and insurance fees involved in community solar energy, making it easy for members to participate. Members may opt to purchase subscriptions for the energy output of one or more modules; each subscription is $700. Each module will give bill credits over 25 years.

“Our members want reliable, affordable, safe and responsible delivery of electricity,” says Bradburn. “Now they have the satisfaction of knowing that Franklin REC is stepping up efforts on their behalf.”

Landowners who are interested in selling a one-acre parcel for Franklin REC’s second community solar site are encouraged to contact Becky Bradburn at Franklin REC by calling 641-456-2557. Members who wish to purchase subscriptions to the community solar project may also call the REC office.

 Franklin Rural Electric Cooperative (REC) serves electricity to members in parts of six counties. Owned by the members we serve, Franklin REC is committed to providing safe, reliable, affordable power to its member-owners in an environmentally responsible manner while being a leader in our communities’ prosperity and growth.

Page Features: