Oxford Initiates 1.35 MW Solar Array at Wastewater Treatment Plant
The City of Oxford commenced construction on a 1,355 kW solar array on April 22, expected to produce 1.75 million kW annually. This project aims to offset 78% of the plant's energy consumption, reducing emissions significantly and saving $13.18 million in electric costs over 30 years.
Theia Market Signal Identification - AI Assisted
On April 22, the City of Oxford began work on a 1,355 kW solar installation at its wastewater treatment facility, comprising 2,520 panels. The project is anticipated to yield 1.75 million kW of energy each year and will decrease the plant's energy consumption by 78%, equating to a reduction of approximately 28,280 metric tons of CO2 emissions, comparable to planting over 424,000 trees.
The financial investment for the installation is estimated at $2,567,373, with a payback period projected between seven and eight years due to savings on electric costs of $13.18 million over three decades. The project's completion is expected within seven to eight months after construction begins. Oxford aims for a 50% reduction in government emissions by 2030 and carbon neutrality by 2045.
Comments