Georgetown Going 100% Renewable
GEORGETOWN UTILITY TO BE POWERED BY SOLAR AND WIND ENERGY BY 2017
A 150-megawatt solar power agreement finalized in 2015, in addition to a 144 megawatt wind power agreement in 2014, will make the City of Georgetown one of the largest municipally-owned utilities in the U.S. to supply its customers with 100 percent solar and wind energy. The long-term agreements also allow Georgetown to provide competitive electric rates and hedge against price volatility for energy produced by fossil-fuels.
A 25-year power purchase agreement with NRG Energy for 150-megawatts of solar power starts in 2018. The new renewable power contracts signed by Georgetown provide electricity at a lower overall cost than its previous wholesale power contracts….To read the entire press release click here.