ACU, Priority Power partner to use renewable wind energy;10-year contract supports local wind farms, lowers cost to ACU
By Will Moore Media Relations Dept. ACU
Abilene Christian University will be saving money and reducing dependence on fossil fuels through a new contract for electricity made possible through Priority Power Management.The 10-year electricity contract will provide for 87 percent of ACU’s energy needs, using a combination of fossil fuel and wind resources produced by the wind farms across West Texas. The contract, which became effective in July, also saves ACU 25 percent compared to its previous electricity contract.“We’re always looking for ways to be better stewards of our resources. This energy package allows us to build on local sustainable energy that’s available, and it lowers our long-term cost for electricity,” said Kevin Roberts, associate vice president of operations.Priority Power is an independent energy management and consulting services firm with locations in Dallas/Fort Worth, Midland/Odessa, Houston and Atlanta.“Priority Power Management recognized the opportunity for ACU to lock in very low prices for a long period of time given the tremendous amount of low-cost wind generation in west Texas,” said John Bick, managing principal at Priority Power Management. “The unique contracting structure provides ACU with price certainty and peace of mind knowing their long term energy budget.”
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