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Guzman Energy

Aztec City Commission Extends Power Supply Agreement with Guzman Energy

On Tuesday, the Aztec City Commission extended its wholesale power supply agreement with Guzman Energy for ten years. This contract extension also lowers the City’s wholesale rates for the ten-year period.

The City signed the original agreement with Guzman Energy in 2015. Under that agreement, Guzman built a one-megawatt solar array in west Aztec that serves the City exclusively.

“Our partnership with Guzman Energy benefits our citizens and gives our community members access to clean energy produced right here at home,” said Ken George, Director of the City of Aztec Electric Utility. “We are excited to extend this relationship and explore new opportunities for economic development that come along with lower power prices.”

“This extension demonstrates the value of Guzman Energy’s commitment to delivering customized power solutions that meet the individual needs of our customers,” said Jeff Heit, Managing Director at Guzman Energy. “We appreciate our collaboration with the City and look forward to continuing to serve this community.”

About Guzman Energy

Guzman Energy is a full-service wholesale power provider focused on providing market-based solutions to address our customers’ energy challenges by delivering reliable and affordable power. We work closely with communities to identify their initial and ongoing energy goals and customize solutions to promote economic competitiveness and sustainability. Our platform is leading a transformation from the legacy energy economy to the renewable and distributed age. To learn more, visit www.guzmanenergy.com

About Aztec Electric Department

The City of Aztec has served power to the citizens of Aztec since 1962. Today we offer some of the lowest rates in New Mexico, serving approximately 3,200 residential and commercial customers. The City continues to reinvest in the public power utility. Currently the City is looking to build a second one megawatt solar facility on BLM land north of Tiger Park. The City is also looking towards building a second and much needed electrical substation just off of Navajo Dam Road near the moto cross track.

Date

February 14, 2020

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