Dallas’ municipal government is to reap savings in their tens of millions by powering all of its buildings with clean energy over the next decade.
The US$472.6 million deal with electricity firm TXU Energy will see the Texan city slash energy costs by almost US$80 million over 10 years, compared to existing arrangements.
TXU Energy was selected through a reverse auction that pitted retail electricity providers against each other.
The firm will begin by supplying Dallas with power from Foard City Wind Farm in West Texas and follow with further solar and wind projects elsewhere in the state.
