U of M purchases additional community solar subscriptions
Published by the University of Minnesota on July 10, 2017.
The University of Minnesota is continuing to invest in renewable, locally produced energy sources. With approval from the Board of Regents last week, the Twin Cities campus will annually purchase 46 million kilowatt hours of community solar garden subscriptions from Innovative Power Systems, subsidiaries of NextEra Energy Resources, and US Solar over the next 25 years.
“The University balances three principles when delivering energy services – environmental impact, cost effectiveness, and reliability,” said Shane Stennes, director of sustainability. “The community solar subscriptions advance these principles, will result in significant cost savings, and support the development of more renewable electricity in Minnesota. Combined with our October 2016 purchase from Geronimo Energy, 14 percent of our annual electrical consumption will be tied to community solar by the end of 2018.”