The city of Philadelphia recently endorsed a year-long contract between Liberty Power and Philly Buying Power. The contract states an agreement to provide an annual amount of about 47,000 megawatt-hours of energy.
The deal is set to take effect as early as January of 2012 as Liberty Power will provide power to a citywide aggregation that includes different businesses such as stores, restaurants, hotels, apartments and more. Liberty Power was chosen because of its low rates and also offered 100 percent green energy at a lower rate than most of the other local providers. The company was awarded the contract via an auction facilitated by Taylor Consulting and Contracting.
David Hernandez Liberty Power CEO said in a statement, “Liberty Power is honored to support the Philly Buying Power initiative of the City of Philadelphia, and welcome the customers of Philly Buying Power to our family of customers,” he said. “We are proud to provide Philly Buying Power’s customers with not only the lowest-cost power, but also the specific products and services they desire.”
Philadelphia Mayor Michael Nutter believes the situation is a win-win for everyone involved.
“Philly Buying Power is helping Philadelphia businesses save money and contributing to our Greenworks Philadelphia goal of purchasing or generating 20 percent of electricity used in Philadelphia from alternative energy sources by 2015,” Nutter said. “This is one of many ways that Philadelphia is both business-friendly and environmentally friendly.”