Green Power Rate
Reduction
(April 1, 2005)
Afton, WYOMING –
Lower Valley Energy is excited to announce that due to the
success of
Lower Valley Energy’s Green Power program, rates for the wind-powered
electricity will be lowered by 30%, effective April 1st,
2005. The support for our Green Power initiative has exceeded all of our
expectations reports, Brian Tanabe, who handles Marketing and
Communications at LVE. In addition, Tanabe reports that “although we
received a tremendous initial response from our membership, we continue
to hear that for some members $5 a month was still an obstacle to
participation.”
In response,
LVE is eliminating the administrative margin between what it pays for
wind power and what it charges its members. The technology is still
costlier than conventional forms of energy, but it’s environmentally
friendly and something LVE members obviously value. Residential members
rate will decrease from $5.00 to $3.50 for one block of Green Power
(300kWh) and commercial members will now pay $17.50 instead of $25 for
one Partner Level block of Green Power (1,500kWh) or $35.00 instead of
$50 for one Champion Level block of GreenPower (3,000kWh). Even with the
Green Power premium, Lower Valley Energy’s rates are still well below
the 2004 national average for regular electricity of 9 cents.
Green Power is
energy produced by renewable resources, such as the wind and sun, which
are replenished naturally. Renewable energy is a clean source of energy
that has a much lower environmental impact than conventional energy
technologies. Members choosing to participate in LVE’s Green Power
program are making a commitment to reduce the burning of fossil fuels
(such as coal, oil, and natural gas) and bring a clean energy source
into the region. A greater reliance on renewable resources also provides
economic benefits and can improve our national energy security. What
makes LVE’s Green Power program even more attractive is that the energy
is harnessed directly from good old Wyoming wind. The Foote Creek Wind
Project near Laramie is home to some of the nation’s strongest and most
reliable wind. LVE feeds its energy pool from a variety of sources, such
as hydropower and coal, with a very small fraction consisting of wind
power. Power generators put power into the energy pool just as our
members take energy out. By supporting Green Power you are helping to
reduce the burning of fossil fuels and helping to replace conventional
energy sources in our energy pool with renewable resources.
Read more about Green Power! Return to previous page
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