Greening Your Electricity: How you can choose clean energy March 2nd, 2015.

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Presentation transcript:

Greening Your Electricity: How you can choose clean energy March 2nd, 2015

Greening Your Electricity Supply Maybe you’re not be a candidate for solar panels You’ve already done a lot to increase your home’s energy efficiency Three options to increase the amount of renewable energy being used to generate the electricity you use at home Buying Green Power Support efforts to increase renewable energy in Mass Community Solar

Electricity 101: The “Electric Grid” “The grid” is a system that: Produces (generates) electric power Transmits power to localities where and when it is needed (transmission lines & control rooms) Distributes the power to homes and businesses within each community (the utility company)

Where Are the Power Plants?

Power Generators Many different power generators feed electricity into the grid. Different fuels – natural gas, oil, wood, nuclear, wind, solar, hydroelectric, etc. High voltage lines form a network for bringing power from generators to customers We are served an integrated electricity transmission network called ISO-New England "Green" electricity from renewable sources is fed into the grid and becomes part of the mix. It can't be directed to a particular house or customer.

Power Transmission Suppliers buy generators' power and arrange for transmission to their customers. Because of deregulation, we can choose other power suppliers like Viridian, Dominion and Constellation. If we don't make a choice, Eversource remains our supplier. Under State Law, all electricity supplied to Mass customers must be at least 10% renewable. Mass has very strict rules about what counts towards this 10%

Local Power Distribution Eversource is our power distributor in Needham and is responsible for: delivering power to your home. owning & maintaining the local network of wires, poles and transformers. Ensuring that you always have electricity Make repairs and do billing. They are always the one to call if you have a problem with your electricity. This is true whether we keep Eversource as our supplier or choose a different supplier to buy electricity for us

Your electric bill Delivery charge from Eversource

Your electric bill Delivery charge from Eversource Supply charge from Supplier or Eversource

Green Power Basics Generators of Renewable Energy have two sources of revenue: 1)selling the electricity they generate 2)selling "Renewable Energy Certificates" or RECs Renewable power generators can sell one REC for each 1000 kilowatt-hours of electricity produced. Since renewable energy costs more to produce, especially in New England, the extra income from selling RECs is the key to making renewable energy financially viable. Massachusetts has very specific requirements for the renewable energy needed to meet the 10% rule (remember that?) These requirements do not necessarily apply to renewable power for the other 90% of your power needs.

Green Power What are your options to help increase the amount of renewable energy being used to generate electricity here at home? Mass Energy Green Power Third-Party Green Power Suppliers Community Solar

Mass Energy Green Power Mass Energy is a non-profit that will match your monthly electricity use (in kWh) with local green power. They are NOT a supplier. Mass Energy charges a few extra cents per kilowatt hour and uses the money to support New England clean energy by entering into long term contracts to buy RECs from carefully chosen local renewable energy projects. Because they are not supplying your power, Eversource,(or a 3rd party supplier), will still supply your electricity. Your bill from Eversource will be the same as always. You can opt out at any time. Mass Energy is non-profit, so payments are tax-deductible.

Mass Energy Green Power Visit to learn about their programs: Each program has a different charge per kilowatt- hour Know your monthly electricity usage, since costs are based on your usage Look at their FAQs Their website lists the projects they support Information you need:

Green Power Suppliers Suppliers such as Viridian, Spark Energy, Clearview Energy and others offer to supply "green energy," which means that they buy Renewable Energy Certificates (not necessarily from New England) on your behalf. The rate quoted just covers the "supply" charge, not the total cost per kilowatt hour. You still have to pay the utility for distribution and other fees. Third-party suppliers offer a variety of plans. Make sure you know what you're getting: Is the rate variable or fixed? The Eversource website lists suppliers. Sites such as ChooseEnergy.com and CurrentChoice.com lists some of the companies that offer green energy.

Green Power Suppliers Eversource’s supply rate has varied over the years Eversource supply prices will change in June, and probably go down When picking a Green Energy supplier, you can opt for a fixed or variable rate Electricity prices are volatile

Green Power Suppliers Information you need: Price – Is the price a short-term “teaser” rate? If it’s a fixed price, for how long? If it’s a variable rate, is there advance notice before the rate changes? Fees - Are there additional monthly fees in addition to the per kilowatt hour charge? Contract - Is there an automatic contract renewal? Will you be notified and have a chance to cancel? Shades of Green - When a company advertises green or renewable energy, what exactly are they delivering?

Community Solar It’s a bit like having your own solar panels, except they’re on someone else’s property. Customers usually make no capital investment and have no maintenance responsibilities. Since participants purchase the credits at a special discounted rate, there's a savings on utility bills. The more people who sign up, the more solar facilities will be built. Companies taking signups in our area for possible projects include Next Step Living, (866) ; Clean Energy Collective, masscommunitysolar.com 844-CEC-SALE This approach involves a long term contract and commitment.

Community Solar Information you need: Are there specific plans for the solar farm in our area? When? Is there a deposit required for signing up? What happens to the deposit if the solar project doesn't go through? How long is the contract? How much will you save? What happens if you move during the term of the contract?

Sorting Things Through Choosing a Green Power Option is Complicated How much renewable energy do you want? Is promoting Local Renewable Power a priority? Is saving money a major driver? What does the fine print say? Choices involve contracts and commitments

General questions? Thank You?