The Arkansas Electric Cooperative Corp. on Tuesday said it has reached an agreement to purchase 108 megawatts of wind energy from a wind farm in Oklahoma.
The wind energy will come from the Drift Sand Wind Farm, which is about 60 miles southeast of Oklahoma City. The farm is scheduled to be in service by Dec. 31, 2016, the AECC said in a news release.
"AECC will be the sole recipient of energy from this wind farm," said Duane Highley, president and CEO of AECC, said in the news release. "Collectively, AECC will have more than 309 megawatts of wind energy once the new wind farm is commercially launched. As a not-for-profit, member-owned cooperative, we are committed to provide our members with the lowest cost electricity available."
The AECC said the wind power purchase agreement will be the third signed since 2012. Highley said in the news release that the agreements "provide our distribution cooperatives and their members with energy resources that are geographically diverse, reasonably-priced and price-controlled over a long-term period."