Dallas government to save US$80m via full renewable shift

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
At 996MW, Texas was only overtaken by California in solar installations last year (Credit: Unsplash / Matthew T Rader)

Dallas' municipal government is to reap savings in their tens of millions by powering all of its buildings with clean energy over the next decade.

The US$472.6 million deal with electricity firm TXU Energy will see the Texan city slash energy costs by almost US$80 million over 10 years, compared to existing arrangements.

TXU Energy was selected through a reverse auction that pitted retail electricity providers against each other.

The firm will begin by supplying Dallas with power from Foard City Wind Farm in West Texas and follow with further solar and wind projects elsewhere in the state.

City of Dallas authorities explained they are particularly keen on North Texan projects, which will be prioritised by TXU going forward “if possible at no additional charge”.

Describing the contract as a “great deal for Dallas”, Errick Thompson, a director of building services, said the city has secured 10 years of “budget certainty” at a “very market-competitive cost.”

“With significant tax revenue reductions looming, it is very important to find opportunities to reduce expenses,” Thompson commented.

A ranking of solar installations in 2018 from trade body SEIA and Wood Mackenzie ranked Texas as the US' second top state, rolling out 996MW last year where California added 3.395GW.

Read Next

November 24, 2021
The US International Trade Commission has recommended that the Section 201 safeguard tariffs on solar cells and modules be extended.
November 19, 2021
Utility-scale renewables developer Intersect Power has secured US$2.6 billion in financing for the construction and operations of a portfolio of solar and energy storage projects in California and Texas.
November 17, 2021
China has revealed its initial subsidy limits for existing renewables projects in 2022, however it remains to be seen whether the funding is to be topped up.
November 16, 2021
UK investment and asset management firm Low Carbon and US insurance company Massachusetts Mutual Life (MassMutual) have teamed up to build a global independent power producer (IPP) that has a stated target of 20GW of renewables by 2030.
November 15, 2021
US solar manufacturers behind the controversial anti-circumvention petition have said they are “evaluating all options” and could refile petitions in the future.
November 11, 2021
Lightsource bp has started commercial operations at a 163MW solar project in Texas, with military veterans supporting the plant’s construction through an apprenticeship programme.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
December 1, 2021
Solar Media Events
February 1, 2022
London, UK
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal

Cyber Monday Flash Sale – 50% off our subscriptions

24 hours only