FAIRMONT, W.Va., Jan. 17, 2023 /PRNewswire/ — Mon Energy and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), signed an settlement with town of Harpers Ferry to advertise a clear vitality future. The city has dedicated to a subscription equal to 100% of its road lighting and city corridor vitality use to help the businesses’ solar energy era.
Potomac Edison emblem (PRNewsfoto/FirstEnergy Corp.)
Harpers Ferry’s The dedication brings Mon Energy and Potomac Edison nearer to beginning building on 5 proposed photo voltaic amenities. The businesses have obtained conditional approval from the West Virginia Public Service Fee (PSC) for the initiatives, which is able to mix a complete of fifty megawatts of renewable photo voltaic era at 5 photo voltaic websites, to assist create West Virginia extra engaging for enterprise improvement. A megawatt of photo voltaic vitality powers the nationwide common of 173 houses, in line with the Photo voltaic Power Industries Affiliation.
“Supporting this photo voltaic initiative is nice governance, and municipal, county and state authorities entities should lead by instance,” stated. Harpers Ferry Mayor Gregory Vaughn. “We have to look past the current and the way we at all times function to strategically suppose and plan how we are going to meet, handle and fulfill future vitality wants. Harpers Ferry’s determination to help the photo voltaic initiative is unanimous , receives my overwhelming help in addition to from all members of the Metropolis Council.”
Mon Energy and Potomac Edison will search ultimate venture approval from the PSC as soon as they’ve subscription commitments from different municipal, residential, business and industrial clients to succeed in a mixed whole of a minimum of 85 p.c of the vitality produced by the amenities. Along with the dedication from Harpers Ferry, a whole lot 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,” stated 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 solar energy.”
The businesses’ photo voltaic program helps a 2020 invoice handed by the West Virginia Legislature that will enable electrical utilities to personal and function as much as 200 megawatts of photo voltaic renewable era amenities to assist deal with these energy demand of the state. The addition of recent renewable era additionally spurs financial progress West Virginiaas a result of increasingly firms require that part of the electrical energy they purchase be produced by renewable sources.
Mon Energy will construct, personal and function 5 photo voltaic amenities, positioned on property owned by Mon Energy or its associates. Areas embody:
- A 26-acre reclaimed ash disposal web site at Locations referred to as Berkeley County in the US
- A 51-acre web site adjoining to the Mon Energy substation at Locations referred to as Hancock County in the US
- A 27-acre retired ash disposal web site at Marion County is a county
- A 95-acre web site at Monungalia County is a county subsequent to Fort Martin Energy Station
- A 44-acre reclaimed strip mine property at Locations referred to as Tucker County in the US
When totally operational, the 5 initiatives deliberate by Mon Energy and Potomac Edison are anticipated to supply roughly 87,000 SRECs yearly. SRECs are certificates that characterize 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 created.
Participation within the photo voltaic program is first come, first served. The overall value of the subscription is 4 cents per kilowatt hour along with regular charges, and clients can select from completely different SREC subscription ranges and time period lengths. Residential clients can help this system by buying an SREC over time at a month-to-month degree of fifty kilowatt hours ($2 per thirty days), 100 kilowatt hours ($4 per thirty days), 200 kilowatt hours ($8 per thirty days) or extra. Business and industrial clients can select a subscription degree that displays a proportion of their month-to-month vitality consumption by particular contracts with their utility.
Mon Energy and Potomac Edison clients who’ve made a dedication for SRECs as we speak are usually not anticipated to start billing till early 2025.
To subscribe or study extra in regards to the photo voltaic program, Mon Energy and Potomac Edison clients at West Virginia can submit their data at firstenergycorp.com/WVSolar or by calling 1-800-505-7283.
Mon Energy serves about 395,000 clients in 34 West Virginia provinces. Observe 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 Japanese Panhandle of West Virginia. Observe 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 firms type one of many largest investor-owned electrical energy techniques, serving clients Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The corporate’s transmission subsidiaries function roughly 24,000 miles of transmission traces connecting the Midwest and Mid-Atlantic areas. Observe FirstEnergy on-line at firstenergycorp.com and on Twitter @FirstEnergyCorp.
SOURCE FirstEnergy Corp.
