New​ ​State​ ​Of​ ​Texas​ ​Electricity​ ​Sourcing​ ​Contract Gives​ ​Nod​ ​To​ ​Renewables,​ ​Demand​ ​Response WACO,​ ​Texas,​ ​May​ ​31,​ ​2017​ ​/PRNewswire/​ ​-​ ​The​ ​Texas​ ​Comptroller​ ​of​ ​Public​ ​Accounts Statewide​ ​Procurement​ ​Division​ ​has​ ​awarded​ ​its​ ​Electricity​ ​Sourcing​ ​Services​ ​contract​ ​to​ ​the Waco-based​ ​energy​ ​consulting​ ​firm​ ​Texas​ ​Energy​ ​Aggregation,​ ​LLC​ ​("Texas​ ​Energy").​ ​The​ ​RFP awarded​ ​a​ ​four-year​ ​contract​ ​for​ ​electricity​ ​purchasing​ ​and​ ​consulting​ ​services​ ​for​ ​the​ ​largest State​ ​agencies,​ ​and​ ​may​ ​also​ ​be​ ​used​ ​by​ ​any​ ​public​ ​entity​ ​in​ ​Texas,​ ​including​ ​municipalities, school​ ​districts​ ​and​ ​universities​ ​seeking​ ​electricity​ ​consulting​ ​services.

This​ ​updated​ ​contract​ ​presents​ ​several​ ​significant​ ​new​ ​opportunities​ ​for​ ​public​ ​energy purchasers​ ​to​ ​choose​ ​their​ ​fuel​ ​source,​ ​including​ ​renewable​ ​energy​ ​generated​ ​on​ ​or​ ​off-site. Rapid​ ​technological​ ​advancements,​ ​along​ ​with​ ​tax​ ​credits,​ ​have​ ​made​ ​wind​ ​and​ ​solar​ ​energy cost​ ​competitive,​ ​and​ ​even​ ​customers​ ​with​ ​meters​ ​in​ ​regulated​ ​areas​ ​now​ ​have​ ​the​ ​ability​ ​to participate​ ​in​ ​the​ ​program.

Power​ ​Purchase​ ​Agreements. For​ ​the​ ​first​ ​time​ ​ever,​ ​public​ ​customers,​ ​including​ ​State​ ​agencies,​ ​municipalities,​ ​universities and​ ​school​ ​districts​ ​who​ ​use​ ​the​ ​State​ ​energy​ ​contract​ ​have​ ​a​ ​clear​ ​method​ ​to​ ​compare​ ​and procure​ ​long-term,​ ​wholesale​ ​renewable​ ​Power​ ​Purchase​ ​Agreements,​ ​or​ ​PPAs.​ ​These​ ​PPAs provide​ ​greater​ ​value​ ​in​ ​aggregated​ ​purchasing​ ​power.​ ​Texas'​ ​abundant​ ​sun​ ​and​ ​wind resources​ ​have​ ​made​ ​off-site,​ ​utility-scale​ ​renewable​ ​energy​ ​highly​ ​cost​ ​competitive​ ​with traditional​ ​power​ ​sources,​ ​and​ ​can​ ​provide​ ​an​ ​effective​ ​hedge​ ​against​ ​inflation​ ​and​ ​price volatility. Texas​ ​Energy​ ​has​ ​partnered​ ​with​ ​the​ ​non-profit​ ​Rocky​ ​Mountain​ ​Institute,​ ​whose​ ​experienced team​ ​and​ ​members​ ​have​ ​been​ ​involved​ ​in​ ​approximately​ ​94%​ ​of​ ​corporate​ ​renewable​ ​energy transactions​ ​over​ ​the​ ​last​ ​two​ ​years. On-site​ ​solar​ ​is​ ​now​ ​addressed​ ​in​ ​this​ ​contract​ ​and​ ​is​ ​another​ ​method​ ​to​ ​reduce​ ​energy consumption​ ​and​ ​perhaps​ ​more​ ​importantly,​ ​provide​ ​significant​ ​relief​ ​from​ ​escalating​ ​delivery charges​ ​by​ ​reducing​ ​peak​ ​demand.​ ​Largely​ ​due​ ​to​ ​the​ ​credit​ ​stability​ ​of​ ​public​ ​customers, private​ ​investors​ ​are​ ​eager​ ​to​ ​finance​ ​the​ ​entire​ ​cost​ ​of​ ​construction​ ​and​ ​capture​ ​federal​ ​tax credits​ ​for​ ​which​ ​non-taxable​ ​entities​ ​could​ ​otherwise​ ​derive​ ​no​ ​benefit. Regulated​ ​areas.​ ​Even​ ​public​ ​entities​ ​in​ ​regulated​ ​parts​ ​of​ ​the​ ​state​ ​can​ ​now​ ​contract​ ​to​ ​lock​ ​in a​ ​portion​ ​of​ ​their​ ​electricity​ ​load​ ​for​ ​up​ ​to​ ​25​ ​years​ ​using​ ​on-and​ ​off-site​ ​sources​ ​of​ ​renewable power.​ ​By​ ​contracting​ ​a​ ​portion​ ​of​ ​their​ ​energy​ ​load​ ​on​ ​a​ ​PPA,​ ​entities​ ​located​ ​in municipally-owned​ ​and​ ​co-op​ ​areas​ ​can​ ​now​ ​increase​ ​budget​ ​certainty​ ​and​ ​reduce​ ​delivery charges. Demand​ ​Response.​ ​Voluntary​ ​load​ ​curtailment,​ ​known​ ​as​ ​Demand​ ​Response,​ ​is​ ​also addressed​ ​in​ ​the​ ​new​ ​Electricity​ ​Sourcing​ ​Services​ ​contract​ ​as​ ​an​ ​option​ ​to​ ​capture​ ​an additional,​ ​unearmarked​ ​source​ ​of​ ​revenue.​ ​Customers​ ​with​ ​the​ ​ability​ ​to​ ​dispatch​ ​backup generation​ ​or​ ​curtail​ ​demand​ ​with​ ​up​ ​to​ ​30​ ​minutes​ ​notice​ ​can​ ​capture​ ​a​ ​new​ ​revenue​ ​stream​ ​by participating​ ​in​ ​this​ ​statewide​ ​program.

About​ ​Texas​ ​Energy​ ​Aggregation. Founded​ ​in​ ​2002,​ ​Texas​ ​Energy​ ​partnered​ ​with​ ​Energy​ ​Market​ ​Exchange​ ​("EMEX")​ ​in​ ​2016​ ​to allow​ ​its​ ​existing​ ​customers​ ​access​ ​to​ ​EMEX's​ ​highly​ ​successful​ ​and​ ​transparent​ ​online​ ​reverse auction​ ​platform​ ​and​ ​other​ ​technologically​ ​enhanced​ ​brokerage​ ​services.​ ​In​ ​turn,​ ​this​ ​transaction allowed​ ​Texas​ ​Energy​ ​to​ ​focus​ ​on​ ​serving​ ​public​ ​customers​ ​and​ ​renewable​ ​energy.

Texas​ ​Energy​ ​will​ ​continue​ ​to​ ​procure​ ​electricity​ ​supply​ ​contracts​ ​for​ ​Texas​ ​State​ ​and government​ ​entities​ ​through​ ​its​ ​channel​ ​partner​ ​relationship​ ​with​ ​EMEX,​ ​which​ ​will​ ​result​ ​in​ ​the most​ ​competitive​ ​prices​ ​for​ ​such​ ​customers. ​ ​Texas​ ​Energy​ ​won​ ​the​ ​previous​ ​State​ ​electricity​ ​procurement​ ​contract​ ​in​ ​2011,​ ​with​ ​three subsequent​ ​extensions,​ ​netting​ ​taxpayers​ ​over​ ​$54​ ​million​ ​in​ ​electricity​ ​savings​ ​for​ ​the​ ​four largest​ ​State​ ​agencies,​ ​and​ ​millions​ ​more​ ​for​ ​school​ ​districts,​ ​universities​ ​and​ ​municipalities. In​ ​2014,​ ​Texas​ ​Energy​ ​was​ ​voted​ ​#1​ ​in​ ​the​ ​nation​ ​for​ ​ethics,​ ​innovation,​ ​customer​ ​service​ ​and contract​ ​negotiation​ ​by​ ​The​ ​Energy​ ​Professionals​ ​Association.​ ​EMEX​ ​won​ ​the​ ​same​ ​award​ ​in 2016. TJ​ ​Ermoian,​ ​founder​ ​and​ ​President​ ​of​ ​Texas​ ​Energy​ ​states,​ ​"We​ ​are​ ​absolutely​ ​thrilled​ ​that​ ​this new​ ​State​ ​contract​ ​addresses​ ​renewable​ ​energy​ ​and​ ​demand​ ​response​ ​needs​ ​and​ ​the​ ​first clear​ ​pathway​ ​to​ ​integrating​ ​renewables​ ​as​ ​a​ ​cost-effective​ ​part​ ​of​ ​their​ ​energy​ ​mix. Furthermore,​ ​the​ ​opportunity​ ​to​ ​serve​ ​those​ ​in​ ​regulated​ ​municipal​ ​and​ ​co-op​ ​areas​ ​will generate​ ​additional​ ​millions​ ​in​ ​savings​ ​for​ ​taxpayers.​ ​We​ ​look​ ​forward​ ​to​ ​quantifying​ ​the potential​ ​savings​ ​and​ ​presenting​ ​a​ ​plan​ ​of​ ​action​ ​to​ ​help​ ​these​ ​groups.​ ​Energy​ ​purchasing​ ​is complicated.​ ​Our​ ​goal​ ​is​ ​to​ ​simplify​ ​the​ ​decision-making​ ​process​ ​with​ ​the​ ​kind​ ​of​ ​accountability and​ ​transparency​ ​that​ ​public​ ​entities​ ​deserve,​ ​and​ ​without​ ​the​ ​effort​ ​and​ ​risk​ ​associated​ ​with running​ ​their​ ​own​ ​RFP." Recommended​ ​Resouces: https://goo.gl/P8HF9c https://goo.gl/AN5Q93 https://goo.gl/vCpgH8 https://goo.gl/if4CLD https://goo.gl/1Laijn https://goo.gl/YhiWtk https://goo.gl/DicuXz https://goo.gl/Hig2QF https://goo.gl/fnLkF2 https://goo.gl/3LbDXa https://goo.gl/HMKMdN https://goo.gl/5AvCbj https://goo.gl/T57Pso https://goo.gl/TgzU9Z https://goo.gl/tSUK3z https://goo.gl/eUXmpV https://goo.gl/ta8yLR https://goo.gl/YGqmL6 https://goo.gl/WoV3to https://goo.gl/5itjyN

https://goo.gl/K6G8So https://goo.gl/wqiPsK https://goo.gl/NdtjNZ https://goo.gl/LJNds3 https://goo.gl/kswZjq https://goo.gl/76VazT https://goo.gl/3BmqxT https://goo.gl/n5bTw2 https://goo.gl/3hty93 https://goo.gl/QwYxZF https://goo.gl/cqqGKk https://goo.gl/arbFDn

Houston Electricity.pdf

procure long-term, wholesale renewable Power Purchase Agreements, or PPAs. These PPAs. provide greater value in aggregated purchasing power. Texas' abundant sun and wind. resources have made off-site, utility-scale renewable energy highly cost competitive with. traditional power sources, and can provide an ...

228KB Sizes 2 Downloads 281 Views

Recommend Documents

HOUSTON ROCKETS - NBA.com
May 28, 2018 - E.Gordon FB Driving Layup. 30-21. +9. 09:55. 30-23. +7. K.Thompson Cutting Layup (D.Green). 09:28. MISS E.Gordon 22' Bank Shot. 09:25.

HOUSTON ROCKETS - NBA.com
May 28, 2018 - 2nd Chance Points: Warriors 8 (3/11), ROCKETS 14 (6/21). Fast Break Points: Warriors 23 (8/10), ROCKETS 6 (2/5). Biggest Lead: Warriors 13, ...

HOUSTON ROCKETS - NBA.com
May 14, 2018 - VISITOR: Golden State Warriors (1-0) .... Inactive: Warriors - Jones (), McCaw (Injury/Illness - Lumbar Spine ...... P.Tucker Free Throw 2 of 3.

HOUSTON ROCKETS - NBA.com
May 14, 2018 - Game Duration: 2:20. Attendance: 18055 (Sellout). VISITOR: Golden State Warriors (1-0). POS. MIN. FG FGA 3P 3PA FT FTA OR DR TOT A PF ...

Houston Laser Hair Removal.pdf
Houston Medical Spa. Houston Chemical Peels. Houston Micro-needling. Page 3 of 4. Houston Laser Hair Removal.pdf. Houston Laser Hair Removal.pdf. Open.

Sam Houston State University.pdf
There was a problem previewing this document. Retrying... Download. Connect more apps... Try one of the apps below to open or edit this item. Sam Houston ...

_B_Trade school__B_ defends recruiting of homeless _ Houston ...
cannot handle large sums of money, an opinion shared by Linda Owens, Elkins' financial aid director. ``We discovered when we gave them $100 up front they ...

_B_Trade school__B_ defends recruiting of homeless _ Houston ...
Feb 7, 2017 - ... Tuesday defended the trade school's recruiting of homeless people. from other cities and said those students have been propelled by ... _B_Trade school__B_ defends recruiting of homeless _ Houston Chronicle.pdf.

Schedule- Houston 17.pdf
There was a problem previewing this document. Retrying... Download. Connect more apps... Try one of the apps below to open or edit this item. Schedule- ...

whitney houston funeral program pdf
whitney houston funeral program pdf. whitney houston funeral program pdf. Open. Extract. Open with. Sign In. Main menu. Whoops! There was a problem ...

Sam Houston 2017 Football Schedule.pdf
Sign in. Loading… Whoops! There was a problem loading more pages. Retrying... Whoops! There was a problem previewing this document. Retrying... Download. Connect more apps... Try one of the apps below to open or edit this item. Sam Houston 2017 Foo

Free Dirt Houston TX.pdf
only office you have to take care of. Employees that answer the device are fast equipped to. answer questions and manage customer requirements.

Outpatient Rehab Houston PDF
There was a problem previewing this document. Retrying... Download. Connect more ... the apps below to open or edit this item. Outpatient Rehab Houston PDF.

BioMedical Engineering Society Houston Industry ... -
Dec 4, 2014 - in data analytics and large physiological data sets of patients who ... google.com/groupfbmes-houston-industry-chapter and click-on the “Sign.

BioMedical Engineering Society Houston Industry ... -
Dec 4, 2014 - huge amount of data; they just are not doing much of anything with it. ... in data analytics and large physiological data sets of patients who ...

American Prudential Capital | Houston Factoring Company - (713 ...
American Prudential Capital | Houston Factoring Company - (713) 352-7088.pdf. American Prudential Capital | Houston Factoring Company - (713) 352-7088.

Lazy Gardener & Friends Houston Garden Newsletter - 20150220.pdf
Next week, Baxter Williams of the Houston Rose Society. will give us some great rose advice. WHITE STUFF ON PLUMERIAS. As long as we're looking at readers' questions, Joyce sent in the picture (insert at center above) of. "...white stuff on my plumer

Houston Chronicle May-Aug 1989.pdf
Whoops! There was a problem loading more pages. Whoops! There was a problem previewing this document. Retrying... Download. Connect more apps.

TX-Houston-SW-Inn-final-report.pdf
Houston Fire Department. Southwest Inn Recovery Committee. Final Report and Recommendations. September 1, 2014. Southwest Inn Hotel Fire.