Verde Energy USA Expands Operations In Illinois

Verde is providing the State of Illinois with approximately 260,000 MWh of renewable energy sources annually, avoiding over 128,000 metric tons of carbon dioxide (CO2)—the emissions equivalent of 14 million gallons of gasoline consumed.

Posted by Heidi Schwartz

Verde Energy USA, a retail power supplier and energy solutions provider, has significantly expanded its operations as an energy provider for Illinois communities. This continued expansion follows a number of recent Request-for-Proposal wins under Illinois’ electricity choice aggregation program. These wins include municipalities that are first-time participants in the aggregation program, as well as those communities that are renewing their supplier contracts.

Recent cities that have selected Verde as their energy and energy solutions provider include Evanston, Lansing, Morton Grove, Zion, Villa Park, Hanover Park and Kankakee. Having been selected as their retail power and energy solutions provider, Verde is able to provide cost effective energy for its Illinois customers.

Verde, in conjunction with its partner Ice Energy, has also launched a pioneering Energy Storage Solutions Program in Illinois with the cities of St. Charles, Naperville and Evanston to demonstrate the energy efficiency potential of thermal energy storage technology. The projects use the Ice Bear™ system, which replaces conventional air conditioning condensing units in air conditioners. This proven clean energy storage system has reduced energy costs and contributed to energy efficiencies in cities and towns across the country. The Ice Bear systems are now installed at St. Charles’ Municipal Water Treatment Laboratory building, at Naperville’s Water Service Center and at Evanston’s Chandler-Newberger Community Center, and will operate throughout the summer, with tours and demonstrations available.

Thomas FitzGerald, President and CEO of Verde Energy USA, said, “We are very pleased to continue the expansion of our business within Illinois and help communities generate cost savings. We are also pleased to provide renewable, cost-competitive energy electricity plans. We look forward to continuing the momentum we’ve built in Illinois, as well as expanding our other value-add programs, such as our thermal energy storage partnerships.”

Daily News, Economic Development, Energy & Water, Illinois, Industries, Site Selection Factors, Sustainability, Sustainability, USA - Great Lakes, Utilities

Air Conditioning, Clean Energy, Energy Storage Solutions, Ice Bear, Ice Energy, Thermal Energy Storage, Verde Energy

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