Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp., have signed an settlement with the city of Harpers Ferry in West Virginia to advance the usage of clear energy. The city has dedicated to a subscription equal to 100% of its streetlight and city corridor energy utilization in help of the businesses’ era of solar power.
Harpers Ferry’s dedication brings Mon Power and Potomac Edison nearer to starting development on 5 proposed solar services. The firms obtained conditional approval from the West Virginia Public Service Commission (PSC) for the initiatives, which is able to collectively whole 50 MW of renewable solar era throughout the 5 solar websites.
“Support of this solar initiative is good governance, and municipal, county and state government entities should lead by example,” says Harpers Ferry Mayor Gregory Vaughn. “We must look beyond the present and how we have always functioned to strategically think and plan for how we meet, manage and fulfill future energy requirements. Harpers Ferry’s decision to support the solar initiative was unanimous, receiving my overwhelming support as well as that from all members of the town council.”
Mon Power and Potomac Edison will search last approval of the challenge from the PSC as soon as they’ve subscription commitments from different municipalities, residential, business and industrial clients that obtain a mixed whole of at the least 85% of the energy produced by the services. In addition to the dedication from Harpers Ferry, a whole bunch of residential clients throughout West Virginia have signed as much as take part within the solar program.
“We believe the commitment from Harpers Ferry and residential customers shows growing interest in the development of renewable energy in West Virginia,” feedback Jim Myers, president of FirstEnergy’s West Virginia Operations. “We look forward to working with more customers who have interest in supporting the clean energy transition through solar power.”
Mon Power will construct, personal and function the 5 solar services, that are positioned on property owned by Mon Power or its associates. The places embrace a 26-acre reclaimed ash disposal web site in Berkeley County, a 51-acre web site adjoining to a Mon Power substation in Hancock County, a 27-acre retired ash disposal web site in Marion County, a 95-acre web site in Monongalia County adjoining to Fort Martin Power Station and a 44-acre reclaimed strip mine property in Tucker County.
When absolutely operational, the 5 initiatives deliberate by Mon Power and Potomac Edison are anticipated to create roughly 87,000 SRECs per yr. SRECs are certificates that signify the environmental attributes of solar power and certify solar energy was generated on the purchasers’ behalf. For each MWh of solar renewable electrical energy generated, one SREC is produced.
Participation within the solar program is first come, first served. The general subscription value is 4 cents per kwh along with regular charges, and clients can select from a wide range of SREC subscription ranges and time period lengths. Residential clients can help this system by buying a SREC over time at month-to-month ranges of fifty kwh ($2 per 30 days), 100 kwh ($4 per 30 days), 200 kwh ($8 per 30 days) or extra. Commercial and industrial clients will have the ability to select a subscription stage that displays a proportion of their month-to-month energy consumption by way of particular contracts with their utility.
Mon Power and Potomac Edison clients who make a dedication for SRECs now will not be anticipated to start incurring expenses till early 2025.