Keene city manager outlines options to preserve $2.9M in federal tax credits for municipal solar project
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Citizen Portal
Summary
Keene's city manager briefed the city council on options to preserve federal tax credits for the city's 5-megawatt municipal solar project. A June federal court order could restore eligibility for a 5% "safe harbor" and potentially about $2.9 million in federal tax credits. Staff may also execute a change order for up to $200,000 to buy American steel if suppliers can meet delivery timelines, with a decision expected next week.
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Key quotes
· 2 pulledthe manager said staff may execute a change order for up to $200,000 to buy American steel if suppliers can meet delivery timelines, with a decision expected next week
a June federal court order could restore eligibility for a 5% 'safe harbor' and potentially about $2.9 million in federal tax credits for the city's 5-megawatt solar project
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