AEP Energy Begins Installation of 101-kW Solar Array at Ohio State University

AEP Energy began installation of a 101-kW solar array on the roof of The Ohio State University's Student Life Recreation and Physical Activities Center (RPAC). AEP Energy will fund, build, own and operate the approximately 10,000-square-foot array, made up of 367 solar panels. The solar array is valued at approximately $400,000, and the electricity produced by the array – approximately 116,000 kWh annually – will be supplied to Ohio State at a rate of $.04 per kWh throughout the next eight years. After eight years, Ohio State and AEP Energy may opt to enter into a renewal agreement or allow the agreement to terminate.