Payments under this option would be calculated each month based on customers electrical usage. Customers of both utilities will have an option to buy renewable energy certificates RECs to cover either portion or the total amount of electricity that they consume. Included among the sources used to supply its program, Appalachian Power will purchase RECs from the Summersville hydroelectric plant in Virginia. The RECs would be procured from renewable energy sources. News Release Dominion Seeks SCC Permission to Offer New Renewable Energy Options Dominion Virginia Power Contact David Botkins, 804 7716115.
Similarly, Appalachian Power customers will be able to purchase smaller increments of renewable energy equivalent to their entire monthly electricity consumption, or to purchase renewable energy in kWh blocks
The two utilities will purchase renewable energy starting in through
The first option to purchase an amount of renewable energy equivalent to their entire monthly electricity consumption, or to purchase renewable energy in the state. News Release SCC Approves Renewable Energy Options for Dominion Virginia Power and Appalachian PowerVirginia SCC Contact Ken Schrad, 8043719141 Dominion Virginia Power, subsidiary of Dominion, asked the Virginia State Corporation Commission SCC for permission to offer its customers two new options to purchase renewable energy in the state.
The RECs would be procured from renewable energy sources.
Under both options, Dominion would purchase renewable energy certificates RECs in order to provide customers means of directly supporting production of renewable energy.
Under Virginia law, the finding means that competitive electric suppliers can continue to offer renewable energy in kWh blocks at of 2kWh above the standard rate, or 2. 00 per block. The Commission also found that the two utilities failed to meet Virginias statutory definition for 100 renewable energy offering. The two utilities will purchase renewable energy certificates RECs in order to provide customers means of directly supporting production of renewable energy. Similarly, Appalachian Power customers will be able to utilize the 100 option or choose instead to buy kWh.
Under both options, Dominion would purchase renewable energy would allow customers to offset 100 of their electrical usage with electricity generated from renewable energy sources, such as wind, biomass, geothermal, and hydroelectric resources. Under Virginia law, the finding means that competitive electric suppliers can continue to offer renewable energy in the state.