Retail Supplier Enters LOI To Source New Renewable Energy For Customers In Arizona, As It Awaits Decision On Retail License

Green Mountain Energy (GME) has entered into a Letter of Intent (LOI) with Sawtooth DevCo, LLC to provide locally sourced renewable energy to Arizonans from new solar facilities to be located in Arizona.

"The LOI was executed to support expected customer enrollment following GME’s 2021 application to the Arizona Corporation Commission (ACC) to provide competitive retail electric services in accordance with the Energy Competition Act (ECA)," Green Mountain Energy said

Green Mountain Energy's application remains pending before the ACC (see discussion here)

"Through the LOI, GME will provide 100 percent local renewable energy from new projects to its Arizona customers pending a favorable decision by regulators to allow consumers to exercise their existing right to choose their electric provider. When approved, GME will be the first and only Arizona electricity provider to provide only clean renewable energy to all its customers, meeting the ACC’s pending 100 percent clean energy requirement nearly 50 years ahead of the proposed 2070 deadline. GME estimates that customer interest in its local renewable offering would support 100 MW of locally generated solar from the projects," Green Mountain said

"Arizona’s current electric monopolies are actively attempting to block the ability of all customers to choose GME’s 100 percent local renewable product through efforts at the legislature. If their efforts succeed, this freedom for Arizonans to choose their electric provider and products they desire would be denied," Green Mountain said