CHICAGO--(BUSINESS WIRE)--SoCore Energy announced today that construction has commenced on a 1.9 megawatt (MW) ground-mounted solar project in Leakey, Texas for Bandera Electric Cooperative (BEC). SoCore worked to develop this project for BEC, which will provide the opportunity for its members to subscribe to community solar power for their homes and businesses.
This project supports BEC’s mission “to enhance the quality of life of its members by providing highly reliable electric services at a competitive price.” The Leakey facility will generate an estimated 3,587 megawatt hours (Mwh) of clean energy within its first year of operation, the equivalent of offsetting the annual CO2 emissions resulting from electricity usage of approximately 372 homes. “We are excited to bring this innovative opportunity for our members to participate in community solar,” said BEC Chief Executive Officer William Hetherington. “We are looking forward to working with SoCore to deliver reliable, cost effective and renewable energy that supports our communities for the long term,” he continued.
“It has been a wonderful experience working with BEC and adding to our portfolio of projects with rural electric cooperatives,” said Laura Caspari, director of development, SoCore Energy. “We are looking forward to helping them bring clean renewable energy to their members and supporting the development of community solar in the territory. It brings new opportunities and choices for their members.”
Following construction, an affiliate of SoCore will own and operate the facility, which will provide power to BEC under a Power Purchase Agreement.
About Bandera Electric Cooperative
Bandera Electric Cooperative distributes electricity to nearly 24,000 members and more than 34,400 active meters across seven counties in Central Texas. Approximately 90 employees operate and maintain more than 4,536 miles of power lines. As a cooperative, BEC is locally owned and operated by the members it serves.
About SoCore Energy
SoCore Energy (www.SoCoreEnergy.com) is a market leader in commercial, industrial and distributed solar portfolio development. With hundreds of solar solutions designed and installed across 17 states, SoCore offers commercial and industrial companies, electric cooperatives and communities portfolio-wide solar solutions that provide energy cost savings and carbon reduction opportunities. As a wholly owned, indirect subsidiary of Edison International, SoCore combines Edison’s Fortune 500 stability with entrepreneurial creativity in order to provide energy solutions that its customers genuinely want and need. SoCore works together with its partner National Rural Telecommunications Cooperative (NRTC) to support the development of solar for rural electric cooperatives and their members.
SoCore Energy is not the same company as Southern California Edison, the
utility.
Additionally, SoCore Energy is not regulated by the
California Public Utilities Commission.
