Flow Power has revealed businesses – including schools – signed onto its Corporate Renewable Power Purchase Agreements (PPAs) have saved $15.4 million collectively since their contracts began at the start of 2018.
According to Flow Power, these PPA deals are here for the long haul, and as more businesses make the move to PPAs, the benefits will only increase.
PPAs help integrate renewables into the grid and drive renewable investment in the Australian market. These deals see businesses contract a portion of their consumption from large-scale wind and solar generators and provide low-cost power over the long term.
One of these businesses is Ascham School, which has made the ambitious commitment to being 90 per cent powered by renewables, becoming the first school in NSW to enter into a PPA.
Ascham School Business Manager Candice Heapes said, “Our growing focus on sustainability as part of our strategic plan, spurred us on to look at alternative options and sources of energy. At Ascham, the whole school is committed to sustainable actions, so drawing energy from wind and solar farms is a terrific step in greening our future.”
Flow Power says demand for Corporate Renewable PPAs is increasing and more businesses are choosing to reserve renewable power for the future. With 50MW more of renewable energy committed since March, only 42 per cent of the company’s wind and solar offering is left.
And now, Flow Power is making its renewables deals available to smaller businesses too.
Flow Power’s analysis highlights the significant opportunity for businesses of all sizes to drive down energy expenditure while benefiting from these contracts.
To express your school’s interest in renewable power, click here.
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