Banking & Finance  January 27, 2021

PMCU buys 10% of Jack’s solar array

BOULDER — Premier Members Credit Union has signed a contract to subscribe to solar power generated at Jack’s Solar Garden, a 1.2 megawatt solar array on North 95th Street in Longmont.

The credit union’s subscription of 10% of Jack’s Solar Garden makes it the second largest commercial subscriber. Premier Members will pay for the generation of an estimated 247,000 kilowatt hours of renewable energy per year and earn back solar credits on its electric bill through Xcel Energy. 

Premier Members is projected to procure an estimated 1,235,000 kWh over the course of the initial contract, the…

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