The University of Arkansas at Pine Bluff has signed a $19.3 million contract with a construction company to design and complete the state's first energy-saving project to meet state requirements to reduce energy costs at Arkansas universities by 30%, it was announced Monday. Jefferson County's solar project is part of a larger effort to create new opportunities for local governments and schools, including the Arkansas State University System and the University at Arkansas System under Law 464, which was passed by state lawmakers during the regular session in 2019, according to a news release.
The cornerstone of the project is a 321 kWh photovoltaic system that, when completed, will be the largest public solar system in Arkansas. The solar energy centre will have the capacity to generate enough electricity to supply more than 18,000 households. When completed, the plant will be equipped with a series of solar cells that can convert solar energy into electricity. Davenport said the solar plants being built in Jefferson County will produce 250,000 kilowatt hours of electricity a year, power several buildings owned by the county and equalize about 1.5 million gallons of water a day.
The above savings were calculated using data from the US Department of Energy's National Renewable Energy Laboratory (NREL) and other sources.
This shows that solar energy is a much cheaper way to power a home in Arkansas in the long term. On the other hand, it means that a house in Pine Bluff, AR that is entirely dependent on a solar system pays for electricity and never cuts its electricity bill, at least not dramatically.
When you enter your data into our solar calculator, you will find out how much your solar panels will cost for your home, based on the current electricity price in the US and the cost of solar energy in Arkansas. You will receive an estimated payback and break-time period. These factors may affect the price, but the figures below show the estimated solar cost savings for Pine Bluff, AR.
The average cost of solar panels in Arkansas is currently $2.63 per watt, allowing people to claim a tax credit of up to $1,000 per year for a total of $3,500. Many people mistakenly call this Arkansas' solar tax breaks, but it is in fact a federal tax credit. This is due to the fact that the average electricity price in Pine Bluff, AR at the time of our calculations was currently about $2.80 / watt.
This is the second largest solar project in Arkansas, managed by the Department of Natural Resources (ARDNR), the state's Department of Energy. Completed and ongoing projects include the Pine Bluff Solar Energy Center, the first solar power plant in the state of Arkansas.
The cornerstone of the project is a 321 KwH photovoltaic system, considered the largest public solar system in Arkansas. A typical solar system installed in an Arkansas home over 25 years costs 5-6 cents per kWh.
As a rule of thumb, sunshine hours are peak times when the intensity of the sun hitting the solar panels is provided. Once installed, you can expect an average of 2-3 hours of maximum solar activity per day, which means that your solar panel will not track the sun in the sky, but the wind.
Utilities - Scale solar plants keep electricity prices low and provide clean renewable energy, which can be a catalyst for economic growth. When used with the state's solar tax credit, local incentives and solar tax rebates can save homeowners thousands of solar panels. Solar tax relief allows homeowners to install solar panels and systems on their homes and provides a tax incentive for installing solar panels. Homeowners can save more per solar panel than with other energy sources such as wind, water or natural gas.
Highland's first plant in Pine Bluff, Arkansas, was originally completed in 2017 and is currently being modernized to improve operational performance and increase production capacity. In addition to CHP plants, the Pinebluff Energy Center also provides the international paper mill Pine - Bluffs Mill with a long-term supply of steam and electricity to complement internal production. The PineBluff project includes the installation of a 1000 megawatt solar power plant (MW) to be installed in August next year.
In addition, the project will include a wind farm on site that can ensure reliable energy production on site. This is Highland's second solar power plant in Arkansas and the first in the United States and is part of the PineBluff Energy Center's long-term strategy for renewable energy.
This is used to test a solar inverter made of a novel material and to test its performance and reliability. The same high-performance, cost-effective and environmentally friendly materials are used as nationally.