The solar PV systems are financed through power purchase agreements (PPAs) with PCE. With the PPA model, PCE has arranged for the design, installation, operations and maintenance of the solar PV systems, and the City would pay an agreed upon price per kilowatt-hour (kWh) for power generated throughout the system’s life. The PPA is being provided “at cost” by PCE to cover equipment, installation, maintenance and administrative expenses. City staff coordinated with PCE to identify projects, complete site assessments and submit interconnection applications for four qualifying facilities under the favorable NEM 2.0 rates in 2023. Some project milestones include: