A new project is expected to bring savings to residential customers. The project's size is substantial, with a capacity of 3,200 megawatts. As a result of this and other large-load contracts, annual system savings are anticipated to reach $950 million by 2029.

Typical residential customers can expect to see their bills decrease. The estimated monthly savings is around $15, which translates to $180 per year. This is an increase from a previously projected amount.

Further information about the project and its contract is available, including details about the infrastructure funding arrangement.