Diverse solar portfolio benefits all customers
Company Website:
http://aps.com
PHOENIX -- (Business Wire)
This summer, APS surpassed one gigawatt of solar energy capacity,
becoming the only utility outside of California to achieve this
milestone. When generating at full power, this capacity meets the
partial daytime needs of 250,000 Arizona homes. The company’s total
investment in solar energy is approximately $2 billion.
APS’s solar portfolio is almost an even split between rooftop systems
and grid-scale projects, with 551 megawatts coming from rooftop systems
and 499 megawatts coming from grid-scale projects.
“APS customers benefit from the fact that when you include energy from
APS’s other renewable energy sources — wind, geothermal, biomass and
biogas – and the Palo Verde Nuclear Generating Station, nearly half of
all the power on APS’s system is carbon-free,” said Tammy
McLeod, APS Vice President of Resource Management. “A cleaner energy
mix is a top priority for us, with solar playing an important role.”
APS receives its grid-scale solar generation from a combination of
APS-owned systems and power purchase agreements. Through its AZ Sun
Program, APS owns and operates nine solar plants across Arizona. These
plants were designed and constructed by independent solar developers,
contractors and equipment providers, and provide 170 megawatts of
capacity. The rest of APS’s grid-scale solar comes from independently
owned power plants across Arizona with long-term agreements to sell
power to APS.
Most of the power from rooftop solar comes from systems owned by
homeowners or leasing companies. APS owns ten megawatts. The APS-owned
systems are strategically placed on customer homes in a way that allows
the company to engage in research and development activities on how
solar and other advanced technologies, such as smart inverters and
battery storage, impact the ability of the utility to provide reliable
and safe energy for customers.
APS
serves about 2.7 million people in 11 of Arizona’s 15 counties, and is
the Southwest’s foremost producer of clean, safe and reliable
electricity. Using a balanced energy mix that is nearly 50 percent
carbon-free, APS has one of the country’s most substantial renewable
energy portfolios, and owns and operates the Palo Verde Nuclear
Generating Station, the country’s top power producer and largest
producer of carbon-free energy. The company is also a proven leader in
introducing technology and services that offer customers choice and
control over their energy consumption. With headquarters in Phoenix, APS
is the principal subsidiary of Pinnacle
West Capital Corp. (NYSE: PNW).
View source version on businesswire.com: http://www.businesswire.com/news/home/20161007005759/en/
Contacts:
APS
Media Contact:
Steven Gotfried, 602-250-3040
Analyst
Contacts:
Ted Geisler, 602-250-3200
Chalese Haraldsen,
602-250-5643
Website: aps.com/newsroom
Source: APS
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