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Home » Green Pricing Leads To More Renewable Energy
Utility programs known as “green pricing,” where customers agree to pay extra to finance renewable or green power, have led to new or planned installations of 282 MW of renewable energy. This is enough to supply the power needs of 110,000 homes, according to a new report from the Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL). These programs are now being offered by 85 utilities in 29 states. The study cited several benefits utilities have provided to green pricing customers, including tax deductions and price protection from fuel price increases.
In terms of new renewable energy produced, the Los Angeles Department of Water and Power (LADWP), Austin Energy in Texas, and the Public Service Company of Colorado run the most successful programs. In terms of customer participation, the leaders are Moorhead Public Service in Minnesota, LADWP, Holy Cross Energy in Colorado, and Madison Gas and Electric in Minnesota.
Publication date: 12/10/2001
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Greg Mazurkiewicz is Web Editor. He can be contacted at 248-244-6459 or gregmazurkiewicz@achrnews.com. Greg handles the day-to-day operations of The NEWS' website, www.achrnews.com, including the Extra Edition page, which offers additional online-exclusive articles. He has 40 years of experience as a writer and editor. He holds a bachelor's degree in Journalism and a master's degree in Business Management.
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