University of Oklahoma Completes Switch to Renewable Energy
February 26, 2013The University of Oklahoma (OU) is now receiving all of its purchased energy from renewable sources. The switch to renewables is part of a 2008 agreement made with Oklahoma Gas and Electric Company (OG&E). Under the agreement, OU purchases all of its energy from OG&E who in return has constructed the OU Spirit Wind Farm, a 10,000 acre development with a generating capacity of 101 megawatts (MW). OU receives about 85% of the renewable energy certificates (RECs) from the wind farm and can trade or sell them at their discretion. The university pays for the RECs, but has managed to offset that cost through savings generated by its campus energy efficiency program. The university has not seen a noticeable change in its electric bill since switching to renewables and believes the use of wind power will help it overcome any future spikes in energy prices.
News Release -University of Oklahoma, OG&E tout wind power partnership
OU Contact: Sustainability Committee, 405-325-5161