Business energy retailer Flow Power has signed an agreement with Ascham School as the first NSW-based school to sign onto a corporate renewable power purchase agreement (PPA).
The school aims to be powered by at least 90% renewable energy, with a combination of wind and solar power calculated at 30-minute intervals.
The agreement will see Ascham School become the first school in NSW to enter a deal of this kind, Flow Power said, providing it with an expected long-term reduction in costs.
The deal will help Ascham School achieve its ambitious sustainability targets, contribute to a lower carbon economy and reduce overall emissions, as well as offsetting grid electricity consumption.
“Late last year we felt pressured by another provider into accepting significantly higher energy retail prices when our three-year agreement with them ended,” says
Ascham School business manager Candice Heapes.
“This, along with our growing focus on sustainability as part of our strategic plan, spurred us on to look at alternative options and sources of energy. At Ascham, the whole school is committed to sustainable actions, so drawing energy from wind and solar farms is a terrific step in greening our future.”
Flow Power introduced corporate renewable PPAs to the Australian market in 2017 and counts Olam Orchards, ANCA Machines and Burra Foods as customers.
“The education sector is uniquely placed to benefit from corporate renewable PPAs, due to the longevity of its schools and of the PPAs themselves,” said Flow Power managing director Matthew van der Linden.
“We look forward to collaborating with Ascham School throughout the duration of this agreement to deliver an energy solution that evolves to fit the school’s needs.”