Since the 2007 partnership of Tierra Vista Communities and Peterson AFB privatized base housing, TVC has worked diligently to improve the quality of life for on-base residents. While there is some intermittent work still on-going, in July, TVC wrapped up a five-month-long project installing solar panels on the new homes, which will conservatively save more than $1.1 million in utility costs over the next 20 years.
John Bittner, TVC development manager, said the current electricity rate on-base is about one cent cheaper per kilowatt hour compared to Colorado Springs Utilities. This margin is expected to increase exponentially in the coming years, he added.
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