CVEC Now Offers Renewable Energy Certificates
Green Energy Now Available
If you are one of the members that would like to purchase “green energy” but want to avoid the costly investment of a solar or wind system, then your Co-op now has an alternative for you. CVEC has purchased wind generated renewable energy certificates (REC’s) through the Old Dominion Electric Cooperative.
How does it work? Remember that electric utilities cannot capture and guide electrons from a renewable energy generator through a transmission system and then direct them to your particular house. Electrons, like water molecules, flow where they will once they are placed on the electric grid. People who want to purchase green energy through the market must rely on a certificate system, where the output of a green energy generator like wind, solar, bio-mass, wave motion, geo-thermal, etc…is measured and converted to a tradable certificate
Renewable Energy Certificates
These certificates can be purchased by anyone who wants to add the renewable energy component to their regular electricity. In this instance, the owner of the wind generator keeps the energy that was generated but sells the green aspect of that energy in the form of a certificate, which is then tracked and retired.
In addition to wind power, CVEC will produce REC’s from the output of the Rockfish River Hydro Plant and a 2 KW photovoltaic system owned and operated by the Co-op.
Have questions? Send us an e-mail at ms@forcvec.com.
Sign-up
How do you sign up? Visit www.mycvec.com to read about “Rider R” and then download the registration form. CVEC will begin billing you for the Renewable Energy Rate which is your present energy rate plus an additional 1.5¢ per kilowatt-hour. So, if you use 1000 kWh per month, that would add an additional $15 to your electric bill.
Read the Rider R Rate information and download the application.
