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Analysis: The scoop on buying green power
Washington DC (UPI) Feb 06, 2009 - As Congress and the new administration try to tackle climate change and dependence on foreign oil, more than a half-million Americans are weaning their homes from fossil fuels, opting to buy clean, homegrown electricity. The particulars of green pricing programs vary from company to company, but the basic premise is that the utility builds a facility to generate renewable energy -- like windmills, a solar farm or a geothermal plant -- or buys it from an independently owned renewable energy project. The utility then sells that electricity to consumers who are willing to pay to promote the development of green energy. Higher prices for green energy constitute the norm across the country, but it's not always clear whether the extra money paid by green pricing program participants is going to promote clean electricity. A few utilities have been accused of swindling their green power customers by charging them extra money for clean energy but failing to deliver it.
Feb 6, 2009