FAIRMONT, W.Va., Jan. 17, 2023 /PRNewswire/ — Mon Energy and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), signed an settlement with the town of Harpers Ferry to advertise a clear vitality future. The city has dedicated to a subscription equal to 100% of its avenue lighting and city corridor vitality use to assist the technology of solar energy corporations.
Harpers Ferry’s The dedication brings Mon Energy and Potomac Edison nearer to beginning development on 5 proposed photo voltaic services. The businesses have obtained conditional approval from the West Virginia Public Service Fee (PSC) for the tasks, which can mix a complete of fifty megawatts of renewable photo voltaic technology at 5 photo voltaic websites, to assist create West Virginia extra enticing for enterprise improvement. A megawatt of photo voltaic vitality powers the nationwide common of 173 properties, in response to the Photo voltaic Vitality Industries Affiliation.
“Supporting this photo voltaic initiative is nice governance, and municipal, county and state authorities entities should lead by instance,” mentioned. Harpers Ferry Mayor Gregory Vaughn. “We have to look past the current and the way we all the time function to strategically suppose and plan how we’ll meet, handle and fulfill future vitality wants. Harpers Ferry’s determination to assist the photo voltaic initiative is unanimous , receives my overwhelming assist in addition to from all members of the Metropolis Council.”
Mon Energy and Potomac Edison will search ultimate mission approval from the PSC as soon as they’ve subscription commitments from different municipal, residential, industrial and industrial clients to achieve a mixed complete of a minimum of 85 p.c of the vitality produced by the services. Along with the dedication from Harpers Ferry, tons of of residential clients all through West Virginia signed as much as take part within the photo voltaic program.
“We imagine the dedication from Harpers Ferry and residential clients displays the rising curiosity within the improvement of renewable vitality in West Virginia,” mentioned Jim Myers, president of FirstEnergy’s West Virginia Operations. “We stay up for working with many purchasers who’ve an curiosity in supporting the clear vitality transition by means of solar energy.”
The businesses’ photo voltaic program helps a 2020 invoice handed by the West Virginia Legislature that may permit electrical utilities to personal and function as much as 200 megawatts of photo voltaic renewable technology services to assist deal with these energy demand of the state. The addition of recent renewable technology additionally spurs financial development West Virginiaas a result of increasingly more corporations require that part of the electrical energy they purchase be produced by renewable sources.
Mon Energy will construct, personal and function 5 photo voltaic services, situated on property owned by Mon Energy or its associates. Places embody:
A 26-acre reclaimed ash disposal website at Locations referred to as Berkeley County in america
A 51-acre website adjoining to the Mon Energy substation at Locations referred to as Hancock County in america
A 27-acre retired ash disposal website at Marion County is a county
A 95-acre website at County of Monogalia subsequent to Fort Martin Energy Station
A 44-acre reclaimed strip mine property at Locations referred to as Tucker County in america
When totally operational, the 5 tasks deliberate by Mon Energy and Potomac Edison are anticipated to provide roughly 87,000 SRECs yearly. SRECs are certificates that symbolize the environmental nature of solar energy and certify that photo voltaic vitality is generated for consumers. For each megawatt hour of photo voltaic renewable electrical energy generated, one SREC is produced.
Participation within the photo voltaic program is first come, first served. The whole value of the subscription is 4 cents per kilowatt hour along with regular charges, and clients can select from totally different SREC subscription ranges and time period lengths. Residential clients can assist this system by buying an SREC over time at a month-to-month degree of fifty kilowatt hours ( per 30 days), 100 kilowatt hours ( per 30 days), 200 kilowatt hours ( per 30 days) or extra. Industrial and industrial clients can select a subscription degree that displays a share of their month-to-month vitality consumption by means of particular contracts with their utility.
Mon Energy and Potomac Edison clients who’ve made a dedication for SRECs as we speak will not be anticipated to start billing till early 2025.
To subscribe or be taught extra concerning the photo voltaic program, Mon Energy and Potomac Edison clients at West Virginia can submit their info at firstenergycorp.com/WVSolar or by calling 1-800-505-7283.
Mon Energy serves about 395,000 clients in 34 West Virginia provinces. Comply with Mon Energy at mon-power.com, on Twitter @MonPowerWVand on Fb at fb.com/MonPowerWV.
Potomac Edison serves about 275,000 clients in seven counties within the Maryland and 151,000 clients within the Jap Panhandle of West Virginia. Comply with Potomac Edison at potomacedison.com, on Twitter @PotomacEdisonand on Fb at fb.com/PotomacEdison.
FirstEnergy is devoted to integrity, security, reliability and operational effectivity. Its 10 electrical energy distribution corporations type one of many largest investor-owned electrical energy programs, serving clients Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The corporate’s transmission subsidiaries function roughly 24,000 miles of transmission strains connecting the Midwest and Mid-Atlantic areas. Comply with FirstEnergy on-line at firstenergycorp.com and on Twitter @FirstEnergyCorp.
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SOURCE FirstEnergy Corp.
