Utility With Retail Choice Seeks Approval For 400 MW In Renewable PPAs
Seeks To Offer REC Products To Default Service, Choice Customers
September 28, 2018 Email This Story Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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AEP Ohio has petitioned the Public Utilities Commission of Ohio for approval of renewable energy purchase agreements totaling 400 MW of nameplate capacity solar energy
AEP Ohio would recover net costs of the PPAs via the nonbypassable Renewable Generation Rider (RGR), which was approved on a placeholder basis in the company's most recent ESP case.
AEP Ohio would liquidate the output of the facilities into the PJM applicable markets.
The two facilities for which AEP Ohio is seeking approval of PPAs are the 300 MW Highland Solar project (owned by Hecate Energy) and 100 MW Willowbrook Solar project. The PPAs would be for 20 years and would include energy, capacity, and environmental attributes.
The RECs from the projects will either be retained and retired by AEP Ohio or retired on behalf of specific customers that purchase the RECs under the proposed Green Power Tariff described below
AEP Ohio is seeking authority to offer customers a new Green Power Tariff under which all customers, both default service and those on competitive supply, would be permitted to purchase blocks of RECs in increments of 100 kWh blocks.
The charge per block under the Green Tariff is $0.85 per block of 100 kWh