Sauder Woodworking Co. has signed a five-year agreement to purchase up to 750,000 kWh worth of Renewable Energy Credits per year from the wind turbines recently installed by the Archbold and Pettisville school districts. The agreement will reduce Sauder’s overall carbon footprint while supporting the financial needs of both local school districts.
Renewable energy from the new wind turbines adds value in two ways. First, the energy that is generated can be used by each school district to reduce or eliminate traditional purchased power. Second, the favorable environmental attributes associated with the energy generation can be separated from the actual energy and sold to environmentally conscious individuals or organizations. One Renewable Energy Credit (REC) is created for each kilowatt hour (kWh) of electricity that is generated. RECs are registered through the Public Utility Commission of Ohio (PUCO), and for environmental reporting purposes, these RECs, can be used to reduce an organization’s carbon footprint.
Through this agreement, both the Archbold and Pettisville school districts will receive up to $7,500 per year in incremental revenue from the generation of power. In return, Sauder will record and report a reduction in the carbon emissions associated with 750,000 kWh worth of conventional electricity generation.
"This agreement will help us maximize the value of our wind turbine while promoting responsible environmental stewardship, said Pettisville superintendent Stephen Switzer.