City of Deming and Its Residents Benefit from Solar Power
Affordable Solar has recently completed three solar system installations that now deliver electric power to the City's Waste Water Treatment Plant and the Bilbo Well and Booster Stations which are part of the City's water system. These solar projects are a great example of a public-private cooperation that benefits the Ctiy, its residents, and involved businesses.
I am very excited to be a participant in this renewable energy project. It not only helps the City water and wastewater facilities stabilize their energy costs over the next 20 years, but it furthers the City's greener approach to the environment.
The City of Deming did not have to fund the construction of the solar projects. Rather, the City committed to purchasing solar generated electricity at a fixed price for the next 25 years. This power purchase agreement (commonly referred to as a "PPA") is expected to save the City approximately about one million dollars over the contract term and will provide a hedge against volatility in electricity costs over the coming decades. These savings and better control of electricity costs will translate into better control of water rates for the residents of City of Deming.
Combined, the three solar systems installed by Affordable Solar utilize solar panels to locally generate approximately 1.5 million kilowatt-hours of clean electricity per year. In comparison, this is enough energy to power approximately 160 average homes. Future efforts by the City are planned to reduce energy consumption and costs.
Mayor Andres Z. Silva