New Lenox SD 122 Approves Community Solar Agreement, Anticipates $62K in Annual Savings
New Lenox School District 122 Meeting | October 21, 2025
Article Summary: New Lenox School District 122 will join a community solar program after the Board of Education approved a 20-year agreement with Nexamp Solar, a move projected to save the district approximately $62,000 in electricity costs annually.
Community Solar Agreement Key Points:
-
The district will purchase Renewable Energy Credits (RECs) from an off-site solar farm built and operated by Nexamp.
-
The program is estimated to provide a 10% discount on the district’s future electric bills, resulting in over $62,000 in savings in the first year.
-
The 20-year subscription agreement does not require any upfront investment or the installation of solar panels on district property.
-
The program is part of “Illinois Shines,” a state initiative promoting renewable energy.
NEW LENOX, IL – The New Lenox School District 122 Board of Education on Tuesday, October 21, 2025, unanimously approved a 20-year agreement with Nexamp Solar, LLC, to participate in a community solar program that is expected to generate significant energy savings for the district.
Mike Perry of Midwest Energy, the district’s energy broker for over 15 years, presented the proposal. He explained that under the federally funded program, the district will subscribe to a solar farm located within ComEd’s service territory. The district will purchase Renewable Energy Credits from the farm, which will then be applied to its utility bills.
“The District is not actually owning or building any solar panels on our property,” explained Business Manager Robert Groos in a memo.
The program is projected to save the district approximately $62,000 per year, which translates to a 10% discount on its electric bills. Perry noted that while the district is signing a 20-year commitment, it may not begin receiving credits until 2027.
When asked about potential downsides, Perry mentioned that the district will need to adjust to a new accounting process for paying energy bills and that the 20-year term is a significant commitment. However, he also noted that school districts are ideal candidates for such programs because “they usually don’t go anywhere.”
Latest News Stories
Meeting Summary and Briefs: Joliet Junior College Board of Trustees for October 2025
New Lenox Approves Solar Subscription, Projects Over $100,000 in Annual Savings
Will County Saves Nearly $5.74 Million in Bond Refinancing, Explores Future Borrowing Options
Meeting Summary and Briefs: New Lenox Fire Protection District for September 2025
Will County Board Advances New Speed Limits in Green Garden and Frankfort Townships
New Lenox Garage Variance Denied After Neighbor Cites ‘Massive’ Scale and Neighborhood Impact
JJC Celebrates “Future Wolves” Partnerships with Joliet and Troy School Districts
Meeting Summary and Briefs: New Lenox School District 122 for September 2025
State Veto Session Passes Energy Bill Limiting County Zoning, Approves Toll Hike for Mass Transit
Large naval presence in Caribbean ahead of Ford arrival
Voting rights group warns CA redistricting push could undermine trust in IL
Chicago downtown office space vacancy rate jumps to record high levels