Solar, Sourcing Renewables - October 12, 2020
Texas water utility renews agreement for solar power supply
The North Texas Municipal Water District (NTMWD) announced Oct. 8 that they are extending an agreement to receive clean power from Direct Energy Business (DEB) and offset their non-renewable power with RECs.
The RECs that the utility purchases from DEB will support the development of a new solar facility in Laredo, Texas. It is projected that NTMWD will see $14 million in savings over the next 15 years through the supply agreement.
"This is a simplified and cost-effective approach to purchasing a certain portion of our overall electricity needs as renewable energy without the costs and challenges associated with building and operating a solar power facility," Scott Puckett, Energy Manager for NTMWD, said in a statement.
As NTMWD receives energy from the new solar farm, the peak generating time of the facility will coincide with the utility’s peak power usage time in the summer.
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