Thank the Austin City Council for Approving a Large Purchase of Solar Energy
Affordable Solar will Keep Bills Low and Reduce Pollution
On October 15, the Austin City Council approved an additional 100 to 150 megawatts of solar energy projects for Austin Energy for 2016 and directed Austin Energy to bring another 150 megawatts online by 2019. Together with the projects approved on October 1, the Council has given the go-ahead for between 400 and 450 megawatts of new solar energy to be completed by the end of 2016.
At prices reported around 3.8 cents per kilowatt-hour, these solar energy projects are some of the cheapest ever reported. The prices will be fixed for contract periods of between 15 and 25 years.
This is a huge win for Austin Energy customers and the environment. We no longer have to choose between clean energy and saving money. The Council has made a decision that will keep bills low for years to come.
More energy decisions will be coming up and we need the Austin City Council to know that the public supports this transition to clean, affordable renewable energy.