Geronimo Energy Creates Low-Cost Solution for Commercial Electric Customers with its Renewable Energy Project Units (REP-Units) Program
Geronimo Energy, LLC (“Geronimo”) is pleased to announce the release of its new commercial renewable energy purchasing solution, the Renewable Energy Project Units (“REP-Units”) Program. REP-Units are perfect for commercial electricity customers who want a low-cost and simple solution to attain corporate sustainability goals. Each REP-Unit offers 10 megawatts (MW), which is equal to approximately 40,000 megawatt hours (MWh), of a larger wind or solar project’s output. REP-Units are priced based on a portion of 100 MW of a renewable energy project, and as such, offer economies-of-scale benefits to customers who have smaller electricity needs. Every project offered in Geronimo’s REP-Unit Program is a new-build project that will be additive for commercial electricity customers and includes Green-e Certified Renewable Energy Credits (RECs). The shorter-term contracts for REP-Units are simplified, quick to execute, and customizable for each customer’s unique needs.
Hundreds of megawatts are available across the United States for customers to mix-and-match their REP-Unit purchase to align with their diversified locations and electricity usage. Geronimo welcomes multiple REP-Unit holders per project, and volume discounts are available for customers interested in purchasing multiple REP-Units. “While sustainability goals are no doubt important to hundreds of commercial organizations, historically, purchasing renewable energy has presented barriers and undue risk for companies,” said David Reamer, Executive Vice President of Business Development for Geronimo Energy. “Our REP-Unit Program removes these barriers and risks by offering low price, shorter duration renewable energy contracts for projects in numerous locations across the country to align with customers’ electricity usage.”