Home   /  News

advertisement


Austin Energy close to signing ‘cheapest’ solar power deal experts have seen

By Marty Toohey - American-Statesman Staff



Austin Energy is poised to sign what could be the world’s cheapest solar-power deal.

The city-owned electric utility has agreed to terms with SunEdison to buy electricity from two solar farms in West Texas, one a 350,000-panel, 100-megawatt facility, the other a nearby 150,000-panel, 50-megawatt neighbor. The price is just below 5 cents per kilowatt-hour. That is far cheaper than solar energy had generally been going for — and less than a third of the price Austin Energy agreed to pay in 2009 for electricity from a much smaller solar array just east of the city.

Read the complete story...

The story you're reading is premium content from the Austin American-Statesman. Subscribers get total access to all our in-depth news, digital editions and exclusive premium content. You can now also buy a 24-hour digital pass or 7-day digital pass.

For Subscribers: Sign in here if you have already registered your account.

Sign In

For Subscribers: Register your account for digital access.

Access Digital

Read MyStatesman.com now — 24-hour digital pass

99¢ for 24-hours

Read MyStatesman.com all week — 7-day digital pass

$3.99 for 7-days

Subscribe to the Statesman for as little as 33¢ per day

View Offers

Popular on MyStatesman.com


advertisement

advertisement


Read Today's Paper Online

Read Today's Paper Online

Still like to read the newspaper in the familiar page-by-page format? Great news! Digital versions of today's paper are available on your computer or tablet. And it's included in your subscription.

Learn MoreRead

Manage Your Account

We're Listening

We hope you're enjoying MyStatesman.com, our premium website exclusively for subscribers. Please tell us what you like and what we can do to make it even better by completing a brief survey.

Take The Survey