For Immediate Release
NEWARK, DE - An aggressive schedule for reviewing three, long-term wind power contracts was set Tuesday by the Delaware Public Service Commission. The contracts are critical to Delmarva Power meeting its ambitious clean energy goals for Delaware.
"We're very pleased with the strong support for these land-based wind contracts. Our portfolio of offshore and land-based contracts makes Delmarva Power a leading utility in the nation for securing clean energy to meet Delaware's goals," said Delmarva Power Region President Gary Stockbridge. "I hope we'll continue to see strong support from both regional and national environmental groups for these wind projects."
Highlights of the land-based wind power contracts, recently filed with the Commission, include:
The long-term contracts, combined with an already-approved 25-year contract for offshore wind power, are part of a green energy portfolio designed to meet Delaware's clean energy goals for 20 percent of the utility's energy supply to come from renewable sources by 2019.
Delmarva Power, a public utility owned by Pepco Holdings, Inc. (NYSE: POM), provides safe and reliable energy to nearly 500,000 electric delivery customers in Delaware and Maryland and over 121,000 natural gas delivery customers in northern Delaware .