Alabama Public Service Commission Approves Walmart Contract with Solar Facility in East Alabama
Alabama Power and Walmart have reached an agreement that will make the retailer the majority customer of a solar energy generating facility to be constructed in east Alabama.
A new solar energy generating facility to be built in east Alabama will help the world’s largest retailer move a step closer to meeting its renewable energy goals.
Under a long-term contract with Alabama Power, Walmart will subscribe to a majority of the solar photovoltaic facility’s environmental attributes, also known as renewable energy credits (RECs). Those RECs will be retired on Walmart’s behalf. Alabama Power will market the remaining RECs to other customers who have an interest in renewable energy.
The Alabama Public Service Commission (PSC) approved the contracts today in a unanimous vote.