Solar panels installed at Teaneck schools are expected to save the district more than officials initially expected, according to a report on NorthJersey.com.
District Business Administrator Robert Finger said the district would likely save approximately $84,000 from the solar project this year, the report said. Early cost savings from the project came in around $75,000 annually and the panels have already saved about $28,000 since March.
Teaneck’s Board of Education launched a district-wide initiative to upgrade its energy infrastructure and money saved from the solar project has been used to fund other improvements, including replacing boilers and install energy efficient lighting.
The district is also working to correct a software glitch with monitors that display the amount of energy the solar panels are generating, the report added.