AEP Energy, a subsidiary of American Electric Power (NYSE: AEP), said Sept. 23 that it has partnered with the City of Clyde, Ohio, to design, build, own and operate a 3.6-MW solar energy array.
The city will purchase all the electricity generated by the solar panels to help meet the energy needs of the city’s 3,000 municipal customers through a 20-year power purchase agreement. The Clyde Solar Energy Center will be installed on 20 acres of city-owned land. Commercial operation is expected to begin in the first half of 2016.
“This project will provide the residents of Clyde with local access to clean, affordable renewable energy,” said Greg Hall, president of AEP Energy. “Additionally, this project will benefit the City of Clyde by providing an innovative, green way for the city to reduce its capacity, transmission and ancillary service obligations as an electric municipality.”
“The City of Clyde has been pursuing this zero emission project since 2011,” said Paul Fiser, Clyde city manager. “The city has continually worked to give its customers competitively priced electricity through a very diverse power supply portfolio.”
Clyde is home of the world’s largest washing machine manufacturer, the Whirlpool Corp. The Whirlpool Clyde Division has been in operation on the same property for over 60 years.
AEP Energy is a competitive retail electric service provider affiliated with Ohio-based American Electric Power. AEP Energy offers competitive electricity supply, natural gas, and energy management solutions for residential and commercial customers in portions of eight states.