Local Utility Agrees 10 Year PPA with Calpine
Officials with Sonoma County's startup public power agency kicked off the next phase in its rollout Thursday, approving a secondary energy supply deal for local geothermal power and discussing the upcoming rate-setting process and enrollment of customers.
The 10-year contract for electricity from The Geysers on the Sonoma-Lake county border secures a long-term supply from a clean, renewable source at a competitive fixed rate, officials said.
“And it's right here in our backyard, and that is a very rare thing to find,” said Geof Syphers, interim CEO of Sonoma Clean Power.
The deal with a subsidiary of Houston-based Calpine Corp., the main Geysers operator, earned unanimous support from the agency's board.
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