Tesla locks in 20-year deal to provide solar electricity to Kauai Island Utility
Tesla has completed a 52 MWh Powerpack 2 system combined with a 13 MW SolarCity solar installation on the island of Kauai that will deliver solar generated energy back to the grid during evening hours, when energy is generally produced through diesel powered generators.
The California-based energy company notes that the project will cut fossil fuel usage by 1.6 million gallons per year and is the first time a utility company has contracted for a system of this magnitude.
Instead of purchasing the solar and energy storage system from Tesla directly, Kauai Island Utility Cooperative (KIUC) contracted with the company to purchase electricity stored within the 272-Powerpack system at a flat rate of 13.9 cents per kilowatt hour, for the next 20 years.
The post Tesla locks in 20-year deal to provide solar electricity to Kauai Island Utility appeared first on TESLARATI.com.
Source: http://www.teslarati.com/tesla-locks-20-year-deal-provide-solar-electricity-kauai-island-utility/
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