The City of Logansport and Inovateus Solar are holding a “Pizza and Solar” event this Thursday that is open to the public. The event will take place from 4-8 p.m. at the Salvation Army, 620 Wilkinson St.
During this community event, representatives of Inovateus will be providing a thorough presentation regarding the city’s proposed solar farm on the property in the 1400 block of Holland Street owned by Milt Cole and Jim Donato.
Representatives will also be on hand for an informative question-and-answer session. Free pizza and soda will be provided to those in attendance.
Last month, the Logansport Utility Service Board voted 5-0 to approve a proposal from Inovateus to install the solar farm.
Inovateus, which previously installed solar panels on the former Continental Steel site in Kokomo, is working with three Logansport lenders to secure funding for the project. Its goal is to begin the project before the end of 2019 when the 30 percent solar tax credit is scheduled to expire.
Plans call for LMU to purchase solar power from Inovateus, with an option to purchase the solar field or terminate the agreement after more than two decades. The utility’s existing agreement with Next Era allows LMU to purchase even more of its power from solar power built in the community.
In Indiana, the electric utility industry is pursuing a variety of green power initiatives to help municipalities meet their financial and renewable energy goals, including the development of renewable generation facilities, agreements to purchase renewable energy on the wholesale electric market and green power billing options for customers.
In 2018, Indiana ranked 29th among U.S. states for installed solar power. It’s estimated that 18 percent of electricity in Indiana could be provided by rooftop solar panels.