USAA has agreed to become San Antonio’s newest wind-energy business customer, CPS Energy officials said Tuesday.
“We are proud to serve the energy needs of a great global company like USAA that provides world-class service to its members all over the planet,” CPS Energy CEO Milton Lee said at a news conference at USAA’s Northwest San Antonio campus. “From now on, part of USAA’s energy needs will be offset with CPS Energy’s Windtricity, clean, renewable electricity generated by Texas wind farms.
USAA has agreed to buy enough wind-generated electricity from CPS Energy’s Windtricity program to power some 200 homes in San Antonio for a year. The renewable energy will offset part of the company’s energy needs at its corporate campus. Financial terms were not disclosed. CPS Energy has contracts in place with Texas wind farms to buy renewable energy on a wholesale basis.
USAA CEO Joe Robles says the decision to sign up for Windtricity was an easy one.
“When I first heard about Windtricity, my first reaction was ‘let’s do it.’ At USAA, we are making steady and purposeful strides in our companywide effort to do business in an environmentally sensitive manner,” Robles says.
San Antonio-based USAA is a diversified financial services group of companies that provide financial planning, insurance, investments and banking products to members of the U.S. military and their families.
In related news, CPS Energy officials said that the Peñascal Wind Farm just south of Baffin Bay on the Texas coast is nearing completion and should begin generating electricity for San Antonio customers by the end of the month. CPS Energy expects to receive some 76.8 megawatts of power from the wind farm.
CPS Energy is the nation’s largest municipally owned energy company providing both natural gas and electric service.