in News Departments > FYI
print the content item

Colorado-based La Plata Electric Association's (LPEA) board of directors has approved a price reduction for power supplied from renewable resources. As of Jan. 1, 2008, LPEA customers can opt to pay a premium of $0.80 per 100 kWh block, down from $1.25 per 100 kWh block.

The price reduction comes as a result of Tri-State Generation & Transmission's revised renewable energy program. Tri-State will now charge its customers, such as LPEA, daily market prices for what it purchases, which currently is approximately $0.40 for each 100 kWh block. Because the market price fluctuates and LPEA does not want to continually change the rate to its volunteer green power customers, LPEA says its board has opted to add an additional $0.40 to the premium to absorb those market fluctuations, as well as generate funds for local renewable programs and purchase locally produced renewable power.

Tri-State's power is generated from wind farms in Wyoming, plus from some small hydro and biomass.

Initially, the LPEA funds will support rebates for those who install renewable generation, market prices to purchase power from LPEA's net-metered accounts and purchase of local renewable energy certificates (RECs). If LPEA secures more local renewable energy than it needs to meet the new Colorado Statue requirements, LPEA can sell the local RECs to utilities outside LPEA's territory.

IowaDeptEconDevel_id1863

Helukabel_id1908
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

Acciona_id1907
WomenofWind_id
JLG_id1900
UEA_id1896
bonfiglioli_id1913
AWEA_id1886