East Gippsland Shire Council will participate in a tender for a Power Purchase Agreement (PPA) for 100 per cent renewable electricity from July 1, 2020.
The PPA opportunity has been developed by a local government group consortium of 48 Victorian councils. The tender will be managed by the Municipal Association of Victoria (MAV) and is for the purchase of renewable electricity.
Mayor Cr Natalie O’Connell said council endorsed the PPA participation last month.
“In addition to reducing council’s greenhouse gas emissions, participation in a PPA for 100 per cent renewable energy will demonstrate our ongoing commitment to environmental sustainability and deliver on our Council Plan commitment to reduce council’s energy use and greenhouse gas emissions by 2021,” Cr O’Connell said.
“This procurement approach is for long term electricity supply (10 years). PPAs provide pricing certainty with the potential for securing cheaper electricity rates,” Cr O’Connell said.