Credit: less than 20 kW: retail price; more than 20 kW: the power supply component of the retail tariff. Regardless of this, the MPSC approved a turbine purchase agreement between Consumers Energy Co. and General Electric Co., as well as a balance between facility construction, procurement and construction contract between the supply company and contractor Barton Malow Co. for the 150 MW construction project in Gratio County (case U-15805). The agreements reflect an increase in level energy costs (LCOE) for the project to USD 52 per megawatt hour (MWh) (US$46 per MWh). With this 50 MW expansion of solar capacity in addition to its wind and biomass resources, DTE`s energy mix now includes 1 GW of renewable energy, which exceeds 10% of Michigan`s renewable energy by 2015, the distribution company said. Consumers Energy has agreed with Ranger Power to acquire the 100 MW power of Ranger`s 149 MW River Fork solar project, the first deal of its kind known by pv magazine in the state. A direct electricity mooring contract (“PPA”) refers to an agreement between a customer and a generator in which the customer purchases electricity from a local solar facility. It is a simple vanilla structure and very often for solar projects.

But customers – residents, businesses and industrial customers – often benefit from energy supply on a competitive basis. As part of their Michigan-standard renewable energy supply requirements, created by the legislature in 2008, Consumers Energy and DTE Energy have signed numerous purchasing power contracts with third-party wind and solar projects and have also met the standard through projects they directly own. According to a report by the Michigan Utilities Commission (MPSC), each year in which distribution companies signed power purchase contracts and launched their own projects, the weighted average energy costs of power purchase contracts were cheaper than those of energy from their own projects. And at the end of the day, it lowers costs for businesses and local residents. Power Purchase Contracts (PPAs): Universities can purchase clean electricity directly from an electricity supplier. These purchases can generate long-term cost savings, not require pre-purchase capital or maintenance costs, and offer a fixed price over a long contract term (usually 20 years) that provides protection against energy price volatility. Net Metering Credit Purchase Agreements (NMAs): Some countries allow NMAs that allow a university to acquire net intermeter credits from a renewable energy producer. This helps offset some of the university`s CO2 emissions and helps finance renewable energy projects. Now we can play the exponential game of abilities. This is truly unprecedented development for the region. As mentioned above, Michigan`s total installed capacity is 153 MW, which SEIA says ranks 31st nationally. This means that these two projects, provided the final capacity is the declared maximum capacity, would represent a 260% increase in the total installed solar capacity of the state.

Colleges can purchase renewable electricity in different ways: the adoption of clean energy in Georgetown goes beyond REC purchases and includes improving the energy efficiency of buildings, including people` inclusion, saving energy, and even installing rooftop solar panels in six historic townhouses. In fiscal 2014, Georgetown saved 500,000 kWh of energy and reduced its CO2 emissions by 3,400 tonnes of CO2, equivalent to more than 700 cars on the road. Michigan is moving toward the state`s first major solar project, as Consumers Energy and Ranger Power have entered into an Electricity Purchase Agreement (PPA) to allow consumers to purchase 100 MW of power from the River Fork`s 149 MW solar project, planned for Ranger.