The joint participation agreement will rebuild approximately 60 miles of the Parker-Davis Project transmission system.
TEP and SRP jointly support project which will change the economic future for Northeastern Arizona cities transitioning away from coal.
The proposed rates would cover the cost of new wind and solar energy resources, grid improvements, technology and other key investments that support service reliability.
Using diverse and flexible energy resources from participants, the real-time energy market’s sophisticated technology finds and delivers the lowest-cost energy to its members.
TEP will seek new wind and solar generation, energy storage systems and other resources such as energy efficiency.
TEP generated more clean energy than ever last week during a brief period when more than 95 percent of its power was coming from renewable resources.
A new wind farm near the Arizona-New Mexico border began producing clean renewable energy for TEP customers.