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View Diary: Dominion’s Solar Purchase Program: Undervaluing solar, overcharging green power customers (19 comments)

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  •  Thank you for this ... (2+ / 0-)
    Recommended by:
    tidalwave1, Lujane

    1.  Perhaps also worth noting that Dominion VA Power is fighting, hard, to drive up the fix costs for net metering and is driving down -- via its lobbyists -- the size of solar system acceptable under net metering.

    Dominion: Global Warming Starts Here

    2.  Dominion VA Power has been profiteering, like crazy, off its carbon offsets program -- buying the cheapest RECs possible and making serious $s off those signing up for green credits.

    3.  Wow -- my solar means that I don't pay Dominion for about 80 percent of my electricity use and I'm able to sell my SRECs into the DC market at $250/mWh (or 25 cents per kWh).  E.g., I "earn" 33 cents per kWh (though, with fees/taxes, not that much) while Dominion would offer 14.  Wow, I better run out an cancel my existing contracts so I can go with Dominion.

    Thank you for this discussion / call out of another reason to hate Dominion.

    PS:  Can I crosspost to GESN?

    Blogging regularly at Get Energy Smart NOW! for a sustainable energy future.

    by A Siegel on Mon Aug 13, 2012 at 04:00:03 PM PDT

    •  No links - can't find any supporting evidence (0+ / 0-)

      I'm tempted to HR this diary until the hit and run diarist provides back up. I'm afraid that Ivy has completely misinterpreted the deregulated energy market which is a little scary if this is true:

      Ivy Main is the Vice Chair of the Virginia Chapter of the Sierra Club and a frequent writer on energy issues.

      Kiss my ass. This is a Holy Site...

      by jam on Wed Aug 15, 2012 at 05:14:19 AM PDT

      [ Parent ]

      •  Huh ... (0+ / 0-)

        not hard to find

        See, for example, this Dom VA filing with Commonwealth (pdf). Paragraph 15 has the 15 cents per kWh proposed purchase price for solar electrons.

        Blogging regularly at Get Energy Smart NOW! for a sustainable energy future.

        by A Siegel on Wed Aug 15, 2012 at 06:48:29 PM PDT

        [ Parent ]

        •  um (0+ / 0-)
          We’ll get back to the solar owners in a moment, but for now let’s follow the money: Dominion would turn around and sell the RECs to its Green Power Program, not for that 4-cent difference in price, but for 11 cents/kWh.
          that is what I can't find evidence of. GPP is 1.3 cents, not 11 cents.

          Kiss my ass. This is a Holy Site...

          by jam on Thu Aug 16, 2012 at 06:50:00 AM PDT

          [ Parent ]

          •  Reply to Jam: it's in the filing (0+ / 0-)

            I posted a reply earlier, not sure what happened to it. The SCC case includes the information that the GPP will be charged 11 cents. It will not cost more to participate in the GPP as a result, because the extra cost to the GPP is balanced out by lower REC prices from larger buys.

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