Solar Power World: Federal government buying first energy attribute certificates from tribal business
Seneca Environmental, the energy solutions division of Seneca Holdings, the wholly owned investment arm of the Seneca Nation, is announced that it has won the first-ever solicitation for a tribal majority-owned business to sell energy attribute certificates (EACs) to the U.S. General Services Administration (GSA).
Under this contract, the GSA will procure EACs from generation resources that qualify as carbon pollution-free electricity (CFE), enabling 185 federal buildings across 12 states to use 100% clean electricity. The total electricity load for these buildings is 349,108 MWh, equivalent to the power that 32,780 typical homes consume in a year. Representing a savings of nearly $800,000 compared to the average price that GSA paid for CFE EACs last year, this procurement is clear evidence that tribally owned businesses can be price-competitive with corporations in the private sector.