PUTNAM COUNTY, Ind. – It’s a first for Indiana: A school district is setting up a system that will have two of its buildings completely reliant on sunshine. It’s a big idea that could lead to big savings.The project is slated to save the district a lot of money. It involves the district routing what it normally spends every year in electricity – $200,000 – to create the solar farm…

The panels will be “paid off” in 20 years, but they won’t need to be replaced for 40.

“There’s only a few ways to actually gain money (within a school district). One is by how many students you have in your school. Well, we have a declining enrollment,” Noel said. “When they came to us and said, ‘You could do this and you can lock your energy bill in for the next 25 years at this rate,’ well, that meant that all of a sudden we can generate some more money.”

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