August 2010 - The City of Dallas signed a contact with TXU to purchase 2.2 billion kWh of power over three years, of which 40%, or approximately 880 million kWh, will be from wind power generated in Texas. The wind power is Green-e Energy certified.
The three year contract is expected to save the City up to $7 million per year compared to its previous contract.
News Release - City of Dallas Inks Deal to Save Up to $7 Million Annually in Electricity Costs
June 2010 - Despite current economic conditions, solar leasing firms have secured hundreds of millions in investment dollars. SolarCity, partnering with TXU Energy in Texas, has secured a $60 million fund raised with Pacific Venture Capital, an unregulated subsidiary of PG&E, to finance more than 1,000 residential and commercial solar systems, and a US Bank fund for $90 million. SolarCity serves the Arizona, California, Oregon and Colorado markets.
Since 2008, SolarCity has raised separate tax-equity funds with Morgan Stanley, National Bank of Arizona, Pacific Venture Capital and Greystone Renewable Energy Ventures, and three separate funds with US Bank.
SunRun, which serves Arizona, California, Colorado, Massachusetts and New Jersey, is partnering with Massachusetts-based Alteris Renewables to help finance solar installations in the Massachusetts market and has secured a $100 million tax equity fund with Pacific Energy Capital II, LLC, a non-utility subsidiary of PG&E. The money is expected to finance 3,500 home solar installations.
In 2009, SunRun announced its partnership with One Block Off the Grid (1BOG), the San-Francisco-based community solar residential aggregator that negotiates volume discounts for blocks of homeowners. Through the SunRun-1BOG partnership, homeowners can finance solar installations with SunRun leases, with an additional 1BOG group discount. Prior to that, SunRun closed two rounds of tax equity financing with US Bank along with funding from its Silicon Valley VC backers, Foundation Capital and Accel Partners.
News Release - PG&E Corporation and SunRun Create $100 Million Home Solar Financing Fund
News Article - Are Residential Solar Leasing Funds Raising Capital?
News Article - SunRun Offering New Plans for Homeowners
April 2008 - Dell, a leading computer manufacturer, announced that it is purchasing green power for all of the electricity needs of its 2.1 million square-foot global headquarters in Houston, Texas, which houses more than 10,000 employees. The approximately 80 million kWh of green power will be supplied by TXU Energy from Texas-based wind farms (60%) and from Waste Management's Austin Community Landfill gas-to-energy plant (40%). Dell also announced it is more than doubling its purchase of green power through Austin Energy's GreenChoice program to meet 17% of the electricity needs at its Austin Parmer Campus, up from 8% previously. The purchase of green power gives Dell price certainty on its operational costs for power, and the company expects it may see cost benefits to using green power in the future. In addition, Dell procures green power for all of the electricity needs of its Twin Falls, Idaho, facility from wind (97%) and solar (3%) resources.
In September 2007, Dell announced it would make company owned and leased facilities "carbon neutral" in 2008 through a strategy of improving energy-efficiency in its operations and maximizing the purchase of renewable power. This commitment is part of the company's climate strategy which also seeks to minimize carbon impact of supplier operations and customer product use.
News Release - Dell Global Headquarters Campus Going 100 Percent Green
News Article - Dell's HQ Switches to 100 Percent Renewable Energy
March 2008 - Hillwood, a leading commercial real estate developer, announced that it has committed to purchase renewable energy to meet 100% of the electricity needs of its North Texas operations in 2008. The renewable energy is being supplied by TXU Energy. The purchase of more than 65 million kWh of green power annually is the second largest by a real estate developer in the U.S. Environmental Protection Agency's Green Power Partnership program. On behalf of Hillwood, the purchase was negotiated by the Power Brokers division of Current Energy, a provider of energy efficiency products and services.
News Release - Hillwood Purchases 100-Percent Renewable Energy and Receives EPA's 'Green Power Partner' Designation
Hillwood Contact: Dave Pelletier, 817-224-6044
Current Energy Contact: Elizabeth Cornelius, 972-716-0500 ext. 26
TXU Energy Contact: Sophia Stoller, 972-868-8336
April 2006 - TXU Energy, the competitive retail electric provider unit of TXU Corp., announced the availability of three renewable power products for eligible new and existing TXU Energy customers in the utility's traditional service area, which is predominantly North Texas. The three products are:
- TXU Energy EarthWise, a month-to-month option with no cancellation fees or long-term contract that offers 10% renewable energy from wind energy generated in Texas. The plan is priced at an average rate of 15¢/kWh for a customer using 1,000 kWh per month, and is comparable to TXU Energy's current "Price to Beat" rate for customers with average usage.
- TXU Energy EarthWise 18, which offers the same 10% Texas-based wind energy product content, and features a lower rate of 14.8¢/kWh coupled with 18-months of rate certainty. Customers must sign an 18-month contract for this product.
- TXU Energy 100% EarthWise, which is a 100% Texas-based wind product priced at 16¢/kWh on a month-to-month plan.
News Release - TXU Energy EarthWise Plans Offer Customers Renewable Power Options; Rates are Competitive and May Save Customers Money
February 2003 - TXU Energy, which serves 2.7 million electric customers in Texas, announced that it has contracted with Dyess Air Force Base in Abilene to supply wind power to meet the entire electricity requirements of the base. Under the two-year agreement, Dyess will purchase approximately 78 million kilowatt-hours of wind power each year, thus becoming the largest retail wind power purchaser in the United States. Dyess is offsetting the extra cost of the wind power with savings realized in the state's competitive retail electricity market.
News Release - TXU Energy Provides "Air Support" for U.S. Air Force Base
News Article - Dyess, TXU Energy sign wind-power deal
Newsletter - Dyess Becomes America's Leading Wind Energy Consumer (PDF 2.7 MB) Download Acrobat Reader