Clean and Green: For the Retail Buyer, Signing Up for Renewable Energy Offers Both Rewards and Pitfalls. (Money Matters)

By Donner, Arvin | E Magazine, July-August 2002 | Go to article overview

Clean and Green: For the Retail Buyer, Signing Up for Renewable Energy Offers Both Rewards and Pitfalls. (Money Matters)


Donner, Arvin, E Magazine


The California energy disaster has left the once-vigorous electricity deregulation process in shambles. According to the U.S. Energy Department, by last spring 17 states had actively restructured their electric utilities, six had delayed already approved plans and 26 had decided against deregulation.

As Salon magazine reports, the turmoil over deregulation forced many "green power" companies, including Go-Green and TenderLand Power in California, into receivership. The idea is certainly sound: Once they acquire customers, green power companies promise to buy wind, solar or methane power from suppliers and add it to the grid, thus offsetting the nuclear- or coal-generated electricity that would otherwise be used.

When environmentalists look at deregulation, the possibility of green power is commonly the only bright spot. Most side with Public Citizen, which declares, "What deregulation really means is that large corporations will get a bigger piece of the pie, resulting in major losses for the environment and consumers."

An Uncertain Market

The bankruptcies have left retail and corporate customers unsure whether they can count on green power suppliers. And there's a lot of confusion about pricing, which for the most part remains significantly higher than conventional energy. Green energy prices not only differ by state or region, but also by provider and program. The pricing methodology is complex, with the local availability of renewable energy supplies one huge variable.

Dan Lieberman, program price manager of the Center for Resource Solutions (CRS), a nonprofit green energy accreditation organization, says consumers need to look at the green power provider's disclosure statement to see the mix of renewable sources, and to get at least a general idea of how prices will be determined.

"Wind power is typically one of the less-expensive renewables," says Lieberman. "In places like the Pacific Northwest, Texas and the Midwest it's very affordable." Though initial capital costs for wind power are higher than for natural gas, prices are generally stable, since wind energy production isn't tied to the same variables that control the fossil fuel market.

Conventional energy costs between five and seven cents per kilowatt-hour (kWh). Nationally, wind power prices average a very affordable four cents per kwh, and that's before the 1.5-cent federal wind power generation tax credit. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Clean and Green: For the Retail Buyer, Signing Up for Renewable Energy Offers Both Rewards and Pitfalls. (Money Matters)
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.