Yesterday we took a big step forward in demonstrating our commitment to renewable energy. Our Utilities Board approved the addition of 150 megawatts of new solar generation plus battery storage to our system by 2024.
The project will bring our renewable energy mix to more than 20 percent by
“This decision sets the stage for us to create a new energy landscape,” says John Romero, general manager of Energy Acquisition Engineering and Planning. “To better serve our customers in the future, we need to think differently, become more creative and embrace new technology to advance our learning and become a leader in the industry.”
The project, in addition to two solar projects totaling 95 megawatts that will come online in 2020, will change the way we power the Pikes Peak Region for decades to come. Once all are commissioned, we will be able to power more than 75,000 homes annually with this carbon-free energy, while limiting bill impacts to just over 1 percent over 10 years.
We understand our customers have high expectations for their local utility. In addition to safe and reliable service, they want to know that the beauty of the Pikes Peak Region is being preserved for our children and grandchildren. That’s why projects such as this play an integral part in our environmental stewardship.