McCormick adds solar to its energy supply
Constellation Energy, a subsidiary of Constellation Energy's Projects & Services Group, will construct the one-megawatt system at McCormick's spice mill and distribution warehouse, the company's largest milling and grinding facility.
McCormick will purchase the electricity generated from the system under a 20-year power purchase agreement. It is estimated that the project will reduce greenhouse gas emissions by around 1,000 metric tons annually and reduce the company's electricity costs for this facility by around 30% in the first year.
"This solar power system is another tangible sign of our commitment to sustainability," said Alan Wilson, McCormick's president & CEO. "The project will allow us to both reduce our energy costs while providing renewable energy to Maryland electricity customers. It is a win-win for the environment and our company. More than ever, businesses must be mindful of community impact."
The installation will feature around 80,000 sq ft of thin-film solar material, which is expected to generate 500 kilowatts of electricity. An additional 500 kilowatts of electricity is expected to be generated by approximately 2,800 solar world 175 watt crystalline solar panels.
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This reflects implementation of a one-time $51.5 million credit for customers, approved by the Georgia Public Service Commission, as a result of
Georgia Power's 2018 financial results.
Pairing the June credit with new, lower fuel rates recently announced, the typical residential customer would see a reduction of $21.55 in June.
The amount each customer receives will vary based on their 2018 usage. Georgia Power will apply the credit to June bills for customers who had active accounts as of Dec. 31, 2018,…
