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We have received your scholarship application. Your application will be reviewed for completeness and eligibility. You will be notified by email if your application is complete or if we need additional information. If you have questions, please reply to this email or call 800-279-SIEA (7432
Green Energy Program
Green Energy Program
San Isabel Electric’s Green Energy Program gives members the opportunity to support SIEA in purchasing electricity from 100% renewable sources. When you sign up, the voluntary $0.001 per kilowatt-hour (kWh) bill adjustment ensures that every kWh of energy you use comes from a renewable source.
In addition to ensuring that every bit of power that you use is renewable, this Green Power bill adjustment also funds the development of local solar, wind, and hydro projects within your service territory, right here in southern Colorado. Signing up for the Green Energy Program is a great way for SIEA members to offset the carbon associated with their energy consumption and affordably support the development of more local renewable energy.
How Much Will It Cost?
That depends upon where you live and how much energy you use. Check this simple chart or contact us for a more accurate estimate.
Estimated ________ Cost per Average Monthly Bil
|If your average bill is:||$50||$100||$150||$200||$250||$300||$350||$400|
|_____ will cost an additional:||$0.17||$0.52||$0.89||$1.34||$1.78||$2.22||$2.66||$3.11|
These figures are estimates only. Your actual charge will vary and depend upon additional factors, such as Time of Day rates, on-bill financing and your local taxes.
FREQUENTLY ASKED QUESTIONS
What is a REC?
RECs also encompass the “claim” to the environmental attributes. That is, one may not make statements or claims about the environmental benefits of the energy if the RECs associated with that energy have been transferred to another party. Once RECs have been separated from the energy, the energy loses all legal and marketable claims to the environmental attributes.
1 REC = 1 megawatt-hour (MWh) of renewable energy generation.
1 megawatt-hour (MWh) = 1,000 kilowatt-hours (kWh)
A wealth of information about RECs can be acquired from organizations like Green-e, which specializes in certifying environmental commodities like RECs. The Environmental Protection Agency (EPA) also provides good information about RECs on their Renewable Energy Certificate page.
What is the price of a REC?
The compliance market usually centers around state requirements that utilities acquire RECs to maintain a certain percentage of renewables in their generation portfolio. In most cases utilities will seek out the least expensive option for acquiring RECs and with the lowest transaction cost. The Voluntary market encompasses RECs that are bought and sold outside of
any regulatory mandate.
What qualifies as an “eligible” renewable source?What qualifies as an “eligible” renewable source?
How do we know that I will actually be using renewable energy since there is no apparent change in how I get my electricity?
The _________ program uses Renewable Energy Certificates (RECs) to provide you 100% renewably sourced electricity. RECs are the legally-recognized method of accounting for renewable power generation. RECs are the means by which power generators comply with the State Renewable Portfolio Standard requirement. When you participate in _________, you own the RECs, and we purchase these on your behalf.
I am participating in this program and need proof that my home or business is 100% renewable. Can you help me with this?
How renewable is our grid right now?
What kinds of local projects are in the works?What kinds of local projects are in the works?
How do I fund additional REC purchases and local renewable energy project development?
I’m a solar owner. Do I create or own RECs?
I have been participating in this program for years. What changed?