SERIOUS MONDAY: DTE ENERGY SIGNS AGREEMENT OVER RENEWABLE ENERGY SUPPLY

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DTE Energy Company signed a long term agreement with renewable energy company Heritage Sustainable Energy, LLC. They will provide wind supply for DTE’s GreenCurrents renewable energy program. The 10 year agreement will allow Heritage to build a new 6500 acre wind farm in Richland, Michigan.

GreenCurrents offers the customers the option of choosing environmentally friendly renewable energy for their homes or businesses. This offer is available to DTE’s 2.2 million customers.

“A key element of the GreenCurrents program is to encourage the development and operation of renewable energy products in Michigan,” said Trevor F. Lauer, vice president of marketing for DTE Energy. “We want the energy resources for GreenCurrents to be homegrown and we are happy to say that we have signed a long term agreement with a developer that shares that vision.”

Heritage will begin construction of Stoney Corners wind farm, that will start with two 2.5 MW Furlander 2500 wind turbines. The expected operation start up is March 2008.

“Heritage is very excited to move forward with this partnership with DTE Energy to bring clean, renewable energy to Michigan.” Said Marty Lagina, President of Rock Management Group, the managing partner of Heritage Sustainable Energy. “It is particularly gratifying that DTE Energy is purchasing renewable energy credits on its own initiative prior to Michigan legislative action on the issue. DTE Energy’s decision to partner with us will get us started. We look forward to taking additional action to encourage the growth of the wind energy business in our State.”

The GreenCurrents programs allow customers to select the option to promote renewable energy while best fitting their budget. For $2.50 per month, customers can purchase a block of renewable energy that equals 15% to 20% of a home’s monthly usage. For an extra $10 to $15 per month, they can choose to match 100% of their home’s monthly usage.

Business customers can purchase a block of 1000 kilowatt hours for an extra $20 per month.

“Every customer who signs up for GreenCurrents will play a significant role in shaping the future of sustainable energy in Michigan,” Lauer said. “By increasing the development of renewable energy projects, our customers can help us meet the demands of today without sacrificing the needs of future generations.”

Dawn

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1 Response to “SERIOUS MONDAY: DTE ENERGY SIGNS AGREEMENT OVER RENEWABLE ENERGY SUPPLY”



  1. 1 Michigan Adopts 10% Renewable Standard; U.S. Already There : EcoLocalizer Trackback on October 3, 2008 at 3:11 pm

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