18 Sydney Councils To Save Up To 35% On Electricity

Renew Economy recently reported 18 councils in NSW will be taking advantage of output from the Moree solar farm from mid 2019 to reduce electricity bills in their regions.

The agreement is between Origin Energy and the councils. The agreement will be in effect until 2030.

Here are the key details of the agreement:

• Moree solar farm is located West of Coffs Harbour
• Origin Energy signed a long term PPA with Moree
• The 18 councils signing the agreement are part of the Southern Sydney Regional Organisation of Councils Inc (SSROC)
• Around 440,000 MWh of renewable energy will be supplied to the 18 councils during the agreement
• The output gained from Moree will come at a fixed price for the councils
• Bayside, Campbelltown, Canada Bay, Canterbury-Bankstown, Georges River, Hunters Hill, Inner West, Ku-Ring Gai, Liverpool, North Sydney, Parramatta, Randwick, Ryde, Singleton, Sutherland Shire, Waverley, Willoughby and Woollahra councils will all take part in the agreement

Renew Economy quotes a statement from the SSROC:

This innovative approach, achieved through a renewable energy Power Purchase Agreement (PPA), allows councils to purchase renewable electricity without exposure to the volatility of the National Electricity Market (NEM).

On the other side of the agreement, Head of Energy Supply and Operations at Origin Energy, Greg Jarvis, said this:

“SSROC came to us wanting a cost effective renewable energy solution… Origin has structured an agreement that gives these councils solar power from Moree Solar Farm during the day and firm generation at other times to cover demand around the clock”.

Read the full story on Renew Economy.