Dive Summary:
- Homeowners in Duquesne Light’s Pittsburgh utility service territory can now purchase 100 percent renewables at a rate 10 percent cheaper than the utility’s default.
- The pricing breakthrough comes as a result of Community Energy’s entry into Duquesne’s electricity market, thus allowing the suppliers to price the energy at current rates instead of rates designed to match generation bids.
- The monthly savings for the average residential customer is $6.29 just for the generation portion of their bill.
From the article:
Consumers in competitive electricity markets have long been able to choose to have their energy demand met by 100 percent renewable generation, but that option has always come with a higher-than-average price tag – until now.Starting last week, homeowners in Duquesne Light’s Pittsburgh utility service territory have the option to purchase wind and solar energy generated in Pennsylvania at a 10 percent cheaper cost than the utility’s default rate.
Clean Technica (http://s.tt/1qePJ)Consumers in competitive electricity markets have long been able to choose to have their energy demand met by 100 percent renewable generation, but that option has always come with a higher-than-average price tag – until now.
Starting last week, homeowners in Duquesne Light’s Pittsburgh utility service territory have the option to purchase wind and solar energy generated in Pennsylvania at a 10 percent cheaper cost than the utility’s default rate. ...