Colton Joint Unified School District Expected to Save Millions with SunPower® Solar and Storage

Colton Joint Unified School District (CJUSD) and SunPower Corp. (Nasdaq:SPWR) announced upcoming construction of SunPower® Helix™ carport systems at 28 schools with a kickoff event at Grand Terrace High School.
As quoted in the press release:

The SunPower Helix carport systems will generate approximately 6.1 megawatts (MW) of clean energy and are estimated to provide CJUSD with more than $35 million in electricity savings over the next 25 years. On completion, SunPower estimates that 73 percent of the district’s electricity will be provided through the SunPower Helix carport systems. CJUSD will buy power at a competitive rate under a power purchase agreement (PPA) with SunPower and will own the renewable energy credits associated with the systems.
The project also features two key elements of SunPower’s Smart Energy product suite. SunPower will provide 1.1 MW of battery storage systems at seven schools to reduce the district’s demand charges at these sites. SunPower will provide the battery systems under a no-money-down Battery Service Agreement that includes a guarantee of peak demand reductions. In addition to the batteries, SunPower will provide its EnergyLink™ Enterprise energy management software, giving CJUSD powerful insights about its energy use, and accurate reporting about financial savings from SunPower’s solar and storage systems.