COLUMBUS, Ohio, April 19, 2021 /PRNewswire/ -- AEP Energy, a
subsidiary of American Electric Power (Nasdaq: AEP), has signed an
agreement with the Fremont,
Ohio-based Crown Battery Manufacturing Company to provide
clean energy through the company's Integrated Renewable Energy
(IRE) solution.
AEP Energy will supply the company with clean energy through IRE
– a long-term, fixed price retail energy option that supports new,
locally-sourced wind and solar – for more than 12 years beginning
in January 2023. While the new
renewable projects are being developed, Crown Battery will purchase
100% National Green-e Renewable Energy Credits (RECs) until the IRE
supply begins.
"AEP Energy is committed to providing energy solutions that best
fit our customers and their needs. Our Integrated Renewable Energy
option helps customers meet their sustainability goals, while
benefiting their communities," said AEP Energy President
Greg Hall. "Crown Battery is
supporting new, local renewable resources that will be built in
their area, creating economic and environmental benefits for
northwest Ohio. We look forward to
working with them to deliver reliable, emissions-free electricity
that powers their operations and reduces their carbon
footprint."
"With AEP Energy's help, we've already saved enough electricity
to power 13,000 American homes," said Hal
Hawk, president of Crown Battery. "Now, we're excited to cut
our carbon footprint even more – and harvest the sun and wind to
build our batteries. Sustainable environmental management is the
future, and green energy is a win-win for our environment, our
community, our company, and our customers."
About AEP Energy
AEP Energy, a subsidiary of American
Electric Power (Nasdaq: AEP), is a certified competitive retail
electricity and natural gas supply provider operating in 28 service
territories in six states and Washington,
D.C. AEP Energy supplies electricity and natural gas
solutions for more than 500,000 residential and business customers
and takes pride in making it easy for customers to buy, manage and
use energy. Based in Columbus,
Ohio, and Chicago, AEP
Energy is committed to excellence by delivering value, innovative
energy solutions and excellent customer service. For more
information, visit www.aepenergy.com.
About Crown Battery Manufacturing
Founded in 1926,
Crown Battery is 100% US-Engineered and -Manufactured – and trusted
in more than TK65 countries. Every one of Crown's lead-acid
batteries is 99% recyclable and comes from the company's ISO
9001:2015-certified plant in Fremont,
Ohio. Batteries are made using ~80% recycled materials. The
plant also incorporates solar panels, high-efficiency robotic
welding, geothermal cooling, and 100% renewable energy.
Crown's consistent efficiency and sustainability efforts earned
it the following AEP Ohio awards: Sustained Excellence Award (2020,
2015, and 2014); Continuous Energy Improvement Award (2016); and
Energy Efficiency Champion Award (2013).
More information is available at www.crownbattery.com.
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SOURCE American Electric Power