What is Green Power?

Tue, Jun 27, 2017
Green Energy - Your Money
Printable View
Text SizeDecrease Font SizeEnlarge Font Size
Email Page
Share Page
Do you know what Green Energy is?

The Green Power site defines Green Power as: "government accredited clean, renewable energy sourced from the sun, the wind, water and waste. Green Power reduces greenhouse pollution and is purchased on your behalf by your electricity company." Green power costs a bit more than conventional coal burning power, but you can usually choose, depending on your local provider, what percentage of your total electric usage, from 10% to 100%, you would like to be Green powered. Some companies offer Green Power for as little as a dollar or two extra each week. Be sure to shop around - there may be a few of different providers in your area. It's fairly easy to make the switch, so why not look into it.

Go to www.epa.gov/greenpower for providers near you.

And then there is, of course, solar power.  By investing in solar power today, you can gain energy independence and generate your own clean, renewable electricity from the sun while:

  • Lowering your utility bills & operating costs
  • Hedging against rising electricity prices
Story continues below advertisement
  • Reducing distinct energy demand from your local utility-grids
  • Reducing greenhouse gas emissions depends on reducing the amount of fossil fuel energy we produce and consume, including coal, petroleum, and natural gas - all of which are used to fuel electric power generation and transportation.
Now I know what you’re thinking, since just like me you are a parent with a budget, your thinking Solar Panels are just too expensive, and the pay off doesn’t come fast enough.  Well here is a solution.  If you can’t afford a brand new solar set up, which can be $699 and up, then why not look for a used PV panel?  The PV panel, which is the most expensive item in the system, I have found has a used market, since they should function well for at least 25 years without too much degradation, so one that is just barely used (say a couple of years old) would be a very smart purchase.  Even though you can’t obtain a warranty on a used PV panel, you shouldn’t have to worry because they are so reliable you don’t really need one! (The huge saving of buying a used panel are worth the risks!)

Here are the used equipment resources I have found:
1. Home power magazine.
2: Oasis Montana, an alternative energy supply & design company.

Now if you are in the market and budget for buy a new solar power set up, there are quite a few rebates and incentives I have found. Solar power offers numerous public and private benefits, including giving you energy independence and reducing your reliance on high emission producing oil, coal, natural gas, and other fossil fuel generated power that contribute to global warming. Solar power allows the production of clean energy from the earth's most abundant and complimentary renewable source, the sun.

During the peak periods when utility generated electric supplies are limited, which makes the costs higher, Solar power delivers a nice budget friendly and eco-friendly alternative. To promote these eco-friendly benefits, federal and regional government policy makers in the United States and Europe are constantly adopting new public policies to reduce the initial cost of installing solar power systems. These public policies come in the following forms:

Tax Credits: Specific federal and state tax laws permit private companies and homeowners to credit the purchase price of their solar power systems against their annual tax payment.

Incentive Payments:

Capacity-based Rebates
Regional utilities are required to provide incentives to encourage the development of customer-owned solar power systems based on on-site capacity or size

Feed-in Tariffs (for Europe Only)
Regional European utilities are required to purchase solar generated electricity at specified rates per kWh for defined long-term contract lengths
Net Metering
Regional utilities are required to offer a credit on the customer's bill for excess solar generated electricity provided to the utility from the customer's own solar system; excess solar generated electricity may not exceed the customer's own annual load.

Renewable Energy Credits (RECs)
REC transactions occur in many regions based on the production of clean power; utilities are required to purchase a specific number of RECs from clean power generators to meet state mandated Renewable Portfolio Standards (RPS), or RECs may be traded on the open market to willing buyers.

Renewable Energy Certificates
You can’t be eco without looking into installing a renewable energy system, or purchasing renewable energy certificates from companies such as 3 phases. By definition, “Renewable Energy Certificates are created when a renewable energy facility generates electricity. Each unique certificate represents all of the environmental attributes or benefits of a specific quantity of renewable generation, namely the benefits that everyone receives when conventional fuels, such as coal, nuclear, oil, or gas, are displaced. What you pay for when you buy renewable energy certificates is the benefit of displacing other non-renewable sources from the electric grid.“9 When you buy one of these certificates from 3 phases (www.3phases.com) they will send you information on your impact and a sticker that reads “Powered by Renewable Energy" to encourage others to do the same. Your purchase will be used to buy wind, solar and other renewable energy options that will reduce emissions in the future.

Green-e found at www.green-e.org, is one of the leading certifiers of renewable energy. Look for their logo on businesses in order to verify that your power supplier is certified!

PowerLight Financial Services works closely with Regional Utilities and Public Policy Agencies to apply for and capture solar power incentives for our customers.

Links to US Regional-specific Public Policies

Dsireusa.org - a comprehensive source of information on U.S. state, local, utility, and selected federal incentives that promote renewable energy.

Seia.org - The Solar Energy Industry Association's comprehensive overview of US public policy trends from the Solar

California Solar Initiative
CA Consumer Energy Center

New Jersey
New Jersey's Clean Energy Program
Was this article useful?
Please share the link with a friend or link it to your web page
Permalink: (Copy and paste this link into an email or instant message)
Embed Link: (Add to your website, Friendster, eBay, Blogger, MySpace)
Article Printed From:
Eco-Updates by Email

Green Facts
By 2015, consumer electronics and small appliances will be responsible for almost 30% of all household electricity use. In 2020, the average home is expected to be 5% larger and will rely on even more electricity-powered electronics. (EIA)
Organic Style Natural Pet Products
Locate the Car You Want at the Price You WantYahoo! Autos
GM: Gas-friendly to gas-free.DMI Web Hosting
Green National GeographicEco-friendly paperless newsstand with the world's magazines in digital format
Living With EdSmartWay Transport Partnership
Ideal BiteMyFax Green Banner 120x60