in News Departments > New & Noteworthy
print the content item

Vectren Energy Delivery, an Evansville, Ind.-based electricity and natural gas provider, recently filed a request with the Indiana Utility Regulatory Commission (IURC) seeking authority to buy wind energy from an Indiana wind farm.

Vectren plans to buy nearly 95 million kWh per year of renewable energy from a 30 MW wind power expansion, which is planned for a 2008 completion in Benton County, Ind. This proposed 20-year power purchase agreement will be the first wind energy contract for Vectren, the company says. If approved, the purchase would provide enough energy to power approximately 8,000 homes per year.

Furthermore, the company has requested authority to implement a new green power program, which would permit its electric customers to purchase energy from the wind farm. If approved, residential and small commercial customers would subscribe to the green power program through the purchase of green energy blocks of 100 kWh at a fixed monthly rate. Although the official price tag is yet to be determined, subscriptions likely will be between $2 and $3 per block per month.

"This new program demonstrates our commitment to diversifying our generation portfolio to include a renewable energy source," says Niel Ellerbrook, Vectren's chair, president and chief executive officer. "With enough customer participation, this program should also significantly aid the development of additional Indiana renewable facilities."

According to the company, until the wind farm is complete, Vectren will purchase renewable energy certificates to meet customer demand for those who opt into the green power program.


Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Tower Conference_id1965