If you've no account register here first time
User Name :
User Email :
Password :

Login Now

Tacoma Power Buys $15M in RECs

wind_turbine.jpgTacoma Power will buy $15 million in renewable energy credits from Iberdrola Renewables Inc. The contract begins in 2012 and will run through the end of 2019.

The renewable energy credits will come from Iberdrola Renewables’ wind generation projects.

The purchase will help the utility comply with Initiative 937, which mandates that 15 percent of utility power comes from renewable sources by 2020. The law also allows utilities to buy RECs instead of purchasing renewable power.

The utility says that because it does not need additional electric generation to serve its current load, purchasing RECs makes the most financial sense for the utility and its customers.

Powerful Byte - Strategies to Ingest, Digest High-Frequency Data
Sponsored By: Sphera Solutions

  
EHS & Sustainability Journey Infographic
Sponsored By: VelocityEHS

  
Top 10 Steps for a Successful EMIS Project
Sponsored By: Sphera Solutions

  
GHS Label Guide
Sponsored By: VelocityEHS

  

Leave a Comment

Translate »