The recently completed wind farm has signed a Renewable Corporate Power Purchase Agreement with Hawthorn East-based company Flow Power.

Flow Power described itself as Australia’s fastest growing electricity retailer.

Flow Power founder Matthew van der Linden said the deal would reduce power prices while helping the environment. 

“The power market is changing, and this agreement with Ararat Wind Farm marks a line in the sand for the energy sector in Australia,” he said.

“Renewable Corporate Power Purchase Agreements are the key to keeping business power costs down, and our aim is to be able to offer these savings to all large energy users across the country.”

“Corporate Power Purchase Agreement have proven successful internationally over the past decade, and we are proud to bring the model to Australia in partnership with Ararat Wind Farm.

“We are actively working with customers to get agreements signed in the coming months.”

Ararat Wind Farm’s 75 turbines have a maximum combined capacity of 240 megawatts, enough to power 120,000 homes.

The wind farm’s performance target is to supply an average of about 30 per cent of maximum capacity.

Due to the nature of the electricity grid, Flow Power customers are unlikely to directly use power purchased from Ararat Wind Farm unless they live in south-west Victoria.

Like most renewable energy projects, Ararat Wind Farm’s output will offset emissions-intensive generation from other areas.

Ararat Wind Farm already has a purchasing agreement with the Australian Capital Territory government to help it achieve a renewable energy target.

Ararat Wind Farm general manager Stuart Liddell said Ararat Wind Farm continues to play a major role in producing carbon-free electricity.

“Ararat Wind Farm is pleased to announce this agreement with Flow Power that will directly benefit the local and regional economy by helping businesses keep costs down while procuring secure, reliable and green power.”

The announcement came a time when both power prices and renewable energy were subjects of fierce debate in the state and federal parliaments.