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University of Oklahoma Rate Agreement

The University of Oklahoma (OU) has recently announced a historic rate agreement with the Public Service Company of Oklahoma (PSO) for renewable wind energy. This agreement is the largest of its kind in the state and will allow OU to reduce its carbon footprint while also saving money on energy costs.

Under the agreement, OU will purchase 100% of its energy from the wind farm in northwestern Oklahoma, known as the OU Spirit Wind Farm. The wind farm has a capacity of 152 megawatts and is expected to generate enough energy to power the equivalent of 45,000 homes in Oklahoma each year.

This agreement is part of OU`s ongoing commitment to sustainability and reducing its carbon footprint. The university has set a goal to reduce its greenhouse gas emissions by 25% by 2030, and this wind energy agreement is a significant step towards achieving that goal.

In addition to the environmental benefits, the rate agreement with PSO is also expected to save the university millions of dollars in energy costs over the life of the agreement. This savings will ultimately benefit the students and community at OU by allowing the university to invest more in education and other important initiatives.

As one of the largest energy consumers in the state, OU`s decision to transition to renewable wind energy is a significant step in the right direction for Oklahoma and the broader sustainability movement. It is a testament to the power of partnerships between industry and education, and it serves as an example for other institutions and organizations looking to reduce their carbon footprint and save money on energy costs.

In conclusion, the University of Oklahoma`s rate agreement with the Public Service Company of Oklahoma for renewable wind energy is a major milestone in the university`s commitment to sustainability and reducing its carbon footprint. This agreement will not only benefit the environment but also save the university millions of dollars in energy costs over the life of the agreement. It is a model for other institutions and organizations looking to make a similar transition to renewable energy sources.