Either solar, wind, or hydroelectric could be the next big source of renewable power for Philadelphia's municipally-owned buildings.
Parker said the renewable energy source helps the city meet its goals of 100% renewable energy by 2030, and creates “regional jobs in the renewable energy sector … for a safer, cleaner, greener Philadelphia with economic opportunity for all.
The contract would likely be for 20 years, similar to the one the city signed with Energix Renewables for the Adams Solar Project.The Adams Solar Project, in Straban Township, is capable of producing 150,000 megawatt hours annually. That array — or the collection of solar panels — feeds to a substation that sends power to the regional grid operated by PJM, which coordinates electricity regionally across multiple states including Delaware, New Jersey, and Pennsylvania.
Pricing rates can be tricky, Schapira said, because the cost of renewable energy credits, known as RECS, have to be factored in.