According to the National Geographic, every hour the sun beams onto Earth more than enough solar energy to satisfy global energy needs for an entire year. Today, the technology produces less than one tenth of one percent of global energy demand. E-470 is excited to be part of this statistic.
Solar and E-470, tell me more. This year E-470 will produce enough solar energy to power a third of the toll road. The first year energy production is estimated to be over one million kilowatt hours (kwh). In a 20-year period, E-470 will avoid emitting 24,000 metric tons of CO2 emissions, equivalent to 61,000 barrels of imported oil.
Sounds good, right? Wait there is more. This solar construction project created almost 90 jobs in the local community. In addition, it will reduce our state’s reliance on non-renewable, carbon-based fuels.
This 17-mile stretch between 64th Avenue and Gartrell Road hosts solar-generated electricity panels that powers streetlights, variable message signs, toll collection equipment, toll plazas, maintenance facilities and the E-470 Administrative Headquarters.
E-470 has a 20-year solar power purchase agreement that allowed Adamas Energy Investments, LLC and Martifer Solar USA to install, at no cost to E-470, a solar array consisting of 22 sites. The equipment is linked to Xcel Energy’s power grid. In addition, E-470 has locked in a fixed energy cost rate with Adamas Energy Investments for the first six years and then a fixed annual increase for 14 more years. These rates are lower than Xcel Energy rates offered to E-470.
E-470 is committed to environmental stewardship and sustainability.