Sheetz Selects Retail Supplier For Offsite Renewables To Supply Pennsylvania Locations, Broker Also Named
February 16, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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Sheetz, a convenience store chain, announced a long-term renewable supply agreement with Constellation to power nearly 70 percent of Sheetz's Pennsylvania facilities with renewable energy.
Sheetz will receive approximately 110 million kilowatt hours of energy per year from the long-term power purchase agreements, with that energy matched by Green-e Energy Certified Renewable Energy Certificates (RECs) sourced from renewable facilities located throughout the U.S.
Sheetz will be able to power more than 160 stores and approximately 40 other facilities with renewable energy under the agreement
Backed by Sheetz’s commitment, Constellation has entered into separate long-term power purchase agreements to procure a total of 55 megawatts of renewable energy. The solar projects, which will be developed in Pennsylvania, are expected to achieve commercial operation by January 2024.
"To simplify the purchase, Sheetz will use a solution that builds off of the Constellation Offsite Renewables (CORe) retail power product, which enables the development of, and increases businesses’ access to, renewable energy projects by removing the significant hurdles associated with traditional offsite power purchase agreements (PPAs). By combining the simplified contracting and aggregation process of CORe with the commitment and involvement from sustainability-minded companies, Constellation is able to offer more customers the ability to demonstrate their support of large-scale, offsite renewable energy projects," Constellation said
Representing Sheetz, Amerex Energy Services worked with Constellation to design and implement this renewable product structure.