Austin Energy is likely the only utility-sponsored green power program in America (among 850) that has not spread the cost of its program across its customer base.
That’s because Austin Energy GreenChoice, until this last batch of wind energy, has sold out each of five wind power contracts. They sold out because Austin Energy provided each batch to customer subscribers at a cost that will stay fixed for the life of the respective wind contract (10 years).
To our knowledge, no other utility-sponsored green power program in America has ever offered anything close to such a long-term fixed green power charge.
Now, rising and unpredictable transmission congestion cost on the ERCOT grid (the amount of wind capacity in West Texas doubled in one year to more than 8,000 megawatts), has increased the cost of the latest batch of wind power and also makes it difficult to pinpoint a price that can stay fixed for 10 years, the life of the current wind contract.
However, if Batch six is not fully sold to individual subscribers, it will do little to raise electric rates in Austin. Green power is purchased power and purchased power costs would normally be recovered through the fuel charge to customers. Batch six did not increase the Austin Energy fuel charge this year and will likely increase it very little, if at all, this January during the annual true-up of the fuel charge for the coming year (the fuel charge is about one-third of the average residential electric bill in Austin).
Even if it became necessary to roll Batch six into the fuel charge long term, Austin Energy would simply be joining every other utility-sponsored green power program in America, by spreading (for the first time rather than historically) some of these program costs to all customers.
Austin Energy has enjoyed being the number one green power program in the country for sales seven years in a row. The utility is reviewing pricing options for its latest wind supply with the idea of providing a long-term fixed price that includes all quantifiable costs. Additional transmission congestion would be trued up at year end, and recovered through the utility’s standard fuel charge. This would still have voluntary subscribers paying for the vast majority of the cost of the new wind supply, preserving a formula that has been the most successful in the nation.
- texas wind energy resources and grants
- offshore wind in dumas texas
- windmill farm in vernon texas
- wind farm churns in texas
- wind farms near mason texas
- Chicago Wind Energy Company
Click Here to register and get your Free “Squidoo Lens Creation for Newbies”Am I making a mistake by moving from Chicago to Austin? I decided to move from Chicago to Austin for no apparent reason except to avoid the freezing wind in Cold in the wintertime. My company will let me work out of my
- Off-Grid Systems
Off-Grid Systems will provide all the power you use and store energy in batteries, with no connection to the utility. Ideal for cabins, remote sites, or for those who just do not want to rely on the utility to provide their power. A home solar system typically consists of solar panels, a back-up battery, a
- 25×25: More info on the Rural Energy Savings Program Act Climate and energy
Food AND fuel – the goal of the national 25×25 coalition: “By 2025, America’s farms, forests and ranches will provide 25 percent of the total energy consumed in the United States, while continuing to produce safe, abundant, and affordable food, feed and fiber.” Energy efficiency? Sure, that fits in, too. Conservation and eliminating waste fits
- WSJournal: “US Utilities Target Costs Of Keeping Up With Wind Generation” Climate and energy
Westar v. AWEA, in this one. From the WSJournal, by Mark Peters: NEW YORK (Dow Jones)–Utilities increasingly are looking to pass on new costs they say come from growing amounts of wind power being added to the nation’s electric grid. The on-again, off-again nature of wind farms forces utilities to ramp up and down the
- Whole Foods Switching To Wind Power
(AP) Natural food grocer Whole Foods Market Inc. said it will rely on wind energy for all of its electricity needs, making it the largest corporate user of renewable energy in the United States. The Austin-based company said it is purchasing 458,000 megawatt-hours of wind energy credits a year, enough