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

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  •  Actually ... (0+ / 0-)

    You should take a look at Dominion VA Power's scandalous record when it comes to RECs.  Yes, it sells RECs to "green" customers for 1.3 cents ... but buys most of them for far less.

    Dominion Virginia Power, the state's largest electricity provider, is currently receiving a $76 million renewable energy bonus, even though they haven't developed any new renewable energy since the program was created. To get this reward, Dominion opted to buy an estimated $1-2 million worth of cheap energy credits from decades-old facilities in other states, most of which burn landfill gas or wood.
    And ...

    for another Ivy Main piece for you to be angered at -- this time in Washington Post:

    For us in Virginia, Dominion buys cheap certificates that no one else wants.

    That’s a great deal for Dominion. According to the Southern Environmental Law Center, $1.7 million could buy enough of these certificates to satisfy Dominion’s 2010 RPS targets, qualifying the company to collect an extra $76 million over two years from its ratepayers.

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

    by A Siegel on Wed Aug 15, 2012 at 06:57:02 PM PDT

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    •  scandalous? (0+ / 0-)

      Honestly Adam, the scandal is how poorly the Virginia voluntary RPS is written if it allows vintage RECs to count, not that DOM is taking advantage of it.

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

      by jam on Thu Aug 16, 2012 at 06:55:17 AM PDT

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      •  Commonwealth politics ... (1+ / 0-)
        Recommended by:
        jam

        Dom VA Power comes close to writing the law with a huge hole in it that they drive a Mac truck through.

        Yes, angered at how lousy the Commonwealth is re energy efficiency and renewable energy, but not going to give a pass for DomVAPower for their profiteering and their greenwashing.

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

        by A Siegel on Thu Aug 16, 2012 at 09:15:27 AM PDT

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    •  so (0+ / 0-)

      She's angry at DOM for making an ad with a wind turbine in it because they don't buy wind for RPS compliance but they do buy wind for the green power program and they also own wind farms and that is somehow misleading?

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

      by jam on Thu Aug 16, 2012 at 07:03:29 AM PDT

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