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Politics : View from the Center and Left

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To: TimF who wrote (28631)9/13/2006 12:36:06 PM
From: TimF   of 541659
 
Georgia PUC Cuts Price of Green Power

The U.S. South is considered to have less potential for new renewable energy development than various other regions, primarily because of its relatively low wind energy potential. But efforts to increase green power development in the region continue, as evidenced most recently by the Georgia Public Service Commission’s (PSC) decision to reduce the premium paid by customers choosing to buy green power in the state.

The green power premium will drop to $4.50 for one block (100 kWh), down from the $5.50 and $6.00 previously paid respectively by green power customers of Georgia Power and Savannah Electric (whose customers now receive service from Georgia Power). The payment is in addition to charges for electricity usage. The green power initiative was first introduced by Georgia Power and Savannah Electric in 2003 to allow customers to purchase a part of their electric power from renewable resources. More recently, the utilities wanted the PUC to drop the price of a block of electricity in order to encourage a broader participation in the green initiative.

energylegalblog.com
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