HOUSTON, July 26, 2018 /PRNewswire/ -- MP2 Energy LLC, a Shell Energy North America (US) LP wholly owned subsidiary, has been awarded a long-term retail electricity contract for renewable energy solutions with Sheppard AFB Homes, a Balfour Beatty Communities owned and managed housing community serving active duty Air Force families at Sheppard AFB in Texas.
The deal supports 1.1 megawatts of on-site rooftop solar generation on 213 homes at Sheppard AFB through MP2 Energy's Net Energy Metering Program for the purchase of all excess solar generation. Additionally, the solar contributes more than 30 percent of the homes' total power needs. The remaining electricity MP2 Energy procures will be 100 percent renewable, sourced from various regional assets.
The solar arrangement will protect the community from fluctuating power costs, add energy resiliency, and save money. Sheppard AFB homes will use the savings realized from the solar program to reinvest into their communities. Improvement projects include new roofing, HVAC upgrades and recreational area enhancements.
"This deal demonstrates our innovative solar power solutions for military installations, namely our custom approach to solar solutions to reduce retail supply cost," said Matt Adams, President of MP2 Energy.
To learn more about this contract and MP2 Energy's offerings, visit www.mp2energy.com or contact Kevin Boudreaux at [email protected].
About MP2 Energy
MP2 Energy, a Shell Energy North America subsidiary, is a full-service energy company designed to provide energy solutions in all aspects of the power market. The top-tier company integrates capabilities across its core services from plant development, plant management, demand response, and retail electric supply to the end-use customer. MP2 Energy works with the top solar developers in North America to advance solar generation in a simple manner that anyone can understand. In addition to MP2 Energy's consideration of the role solar plays when pricing a retail supply deal and reducing peak energy, we also offer valuable "net-metering" programs for customers who install solar. MP2 Energy has also created a "Community Solar" option to deliver wholesale solar generation to customers who aren't able to install onsite solar generation.
SOURCE MP2 Energy LLC
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