La-Z-Boy Selects Retail Supplier Affiliate For Wind VPPA
April 22, 2021 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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La-Z-Boy Incorporated has finalized a 10-year resource-backed virtual power purchase agreement (VPPA), extending through the end of 2030, with AEP Energy Partners
La-Z-Boy’s VPPA will support approximately 70,000 MWh of renewable energy per year, from the Santa Rita East wind energy center in Irion County, Texas (which is principally owned by an AEPEP affiliate), throughout the term of the agreement. Once fully implemented, La-Z-Boy will receive renewable energy certificates (REC) equivalent to roughly 16 MW of wind power capacity representing more than 90% of La-Z-Boy’s current total annual domestic energy consumption.
Schneider Electric Energy and Sustainability Services advised La-Z-Boy on the VPPA.