PECO Purchases 6 MV of Solar Credits
From the Next Great City newsletter:
PECO has signed 10-year agreements to purchase 6 megawatts, or 80,000 solar energy credits, in support of Pennsylvania’s Alternative Energy Portfolio Standards (AEPS). That’s enough energy to power nearly 1,000 homes for 10 years! Once complete, the company’s purchases could result in the same environmental benefit as planting more than 48,000 acres of trees or not driving more than 133 million miles.
This new solar purchase is part of a wider package of renewable energy credits that PECO has been amassing since 2008 as part of their effort to meet the AEPS requirement that by 2011, 3.5 percent of the energy sold to PECO customers is generated from renewable resources.
State legislation is now being considered that would almost double the state’s AEPS requirements for wind, solar and other clean energy sources. Send a message of support to your legislators.
WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.