SAN LUIS OBISPO, Calif., June 18, 2019 /PRNewswire/ -- REC Solar, a subsidiary of Duke Energy Renewables, is working with the Pleasanton Unified School District in Pleasanton, Calif., to utilize solar plus energy storage solutions to significantly cut its emissions and save on energy costs.
The project will include the installation of 1 megawatt (MW) of solar carports and a 660 kilowatt-hour (kWh) battery energy storage system at Pleasanton Unified's Amador Valley High School.
The investment is projected to save the Pleasanton Unified School District more than $2.2 million over the 25-year lifetime of the power purchase agreement, which will be financed by Duke Energy Renewables.
"Pleasanton Unified is a great example of the U.S. education market's increasing desire to tap on-site solar generation combined with energy storage," said Matt Walz, CEO of REC Solar. "By choosing solar plus storage, the district will further control costs under new time-of-use rates, reduce demand charges and cut emissions during peak hours when the electric grid is stressed by high demand."
Pleasanton Unified, which is a public primary and secondary education school district located east of San Francisco, is the latest installation at more than 100 California districts and schools where REC Solar has implemented clean energy generation and storage solutions.
According to Wood Mackenzie Power & Renewables, a leading energy research and consultancy firm, the Pleasanton Unified School District is an example of why education is one of the sectors driving 13-fold growth in energy storage globally by 2024.
"Education services is the largest subsegment of commercial and industrial customers today," said Brett Simon, senior storage analyst at Wood Mackenzie Power & Renewables. "School boards and universities make ideal customers for storage developers. They are willing to accept longer payback periods compared to private-sector customers, have multiple buildings to allow for many deployments from a single contract, and usually have needs for bill reduction and resilience."
"For many years it has been our goal to educate global citizens while focusing on projects that improve the health and well-being of our students, staff and community," said David Haglund, Ed.D., Pleasanton Unified School District superintendent. "As cutting emissions is crucial to our global future, our project to install solar generation plus battery storage will benefit our students for decades."
Pleasanton Unified School District is also reconfiguring the parking lot at the school to maximize performance of the solar arrays while also enhancing the lot's accessibility and safety features. The new solar arrays will provide up to 97% of the high school's current energy use and greenhouse gas emissions elimination. Students will also have access to REC Solar's Greenpower Monitor tool and data for hands-on learning opportunities.
About REC Solar
REC Solar has helped more than 700 commercial, public sector and utility-scale solar customers think differently about energy since its founding in 1997. REC Solar offers all expert design, engineering, financing, operations and maintenance services in-house, allowing for a simple customer experience. Getting solar, storage and microgrid proposals is easy with REC Solar. For more information, visit RECSolar.com.
About Duke Energy Renewables
Duke Energy Renewables, a nonregulated unit of Duke Energy, operates wind and solar generation facilities across the U.S., with a total electric capacity of 3,000 megawatts. The power is sold to electric utilities, electric cooperatives, municipalities, and commercial and industrial customers. The unit also operates energy storage and microgrid projects. Visit Duke Energy Renewables for more information.
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, in addition to Duke Energy Renewables' capacity. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.
About Pleasanton Unified School District
Pleasanton Unified School District serves nearly 15,000 students in 15 schools (nine elementary schools, three middle schools, two comprehensive high schools, one continuation high school). Our mission is simple: Our students will make a better world. For more information, visit our website: https://www.pleasantonusd.net/.
Contact: Ann Kroll / REC Solar
Contact: Jennifer Garber / Duke Energy
Office: 980.373.0668 | 24-Hour: 800.559.3853
SOURCE Duke Energy