GreenerWorking.com » Finally, renewable energy comes cheaper than coal-fired power

Finally, renewable energy comes cheaper than coal-fired power

September 21, 2009 by Tom Guay
Posted in: Cost Cutting, Latest News & Views, News, Technology

Not every clean energy deal costs more than conventional electricity.

At least one power company’s offering small businesses a chance to lock in cheaper prices for a year.

Small business and residential customers can shave their electric bills by up to 6% under a renewable energy deal offered by ConEdison Solutions in western New York. The clean power will come from a mix of wind and small hydro operated by ConEdison.

By signing up for a one-year contract, customers buy green power at 9.9 cents per kilowatt hour. Conventional power supplied by ConEdison’s local subsidiary, Orange and Rockland Utilities, Inc., comes from coal, gas, large hydro and nuclear. It will be priced at 10.7 cents per kilowatt hour.

Also, the conventional electricity price will vary from month to month. ConEdison Solution’s clean power deal is set for the 12-month contract.

ConEdison’s clean power is a mix of 35% wind and 65% run-of-the-river hydro power.

The use of wind power is rapidly gaining popularity in the U.S. as a renewable energy source. EPA just featured wind power in several of its recent Green Power Partnership awards.

ConEdison’s green power deal is here.

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4 Responses to “Finally, renewable energy comes cheaper than coal-fired power”

  1. LEU Says:

    Something’s fishy here. Am I going to get the same power requirements? Am I subject to blackouts? Of course we want power cheper – but there’s some quid pro quo to get it.

  2. Chet A. Biernat Says:

    Good Morning Tom, Thanks for your reply that WIND FARMS will actually INCREASE our ELECTRIC BILLS and bearing in mind the shape of our present ECONOMY and UNEMPLOYMENT why would anyone in their right mind be happy to pay more from what we / they have today for something that will COST US ALL MORE. Do we NOT have any mercy on those who and going through a difficult time?? After Washington spent OVER TWO BILLION DOLLARS on CLUNKERS I am not breathing any better knowing that I will have to now pay the this wonderful success story. Is there anything wrong with these pictures?? or is only me??
    Chet
    PS – I DON’T EVEN WANT TO SAY: “COST OF HEALTH CARE IN FUTURE”.

  3. S Schemenauer Says:

    By signing up for a one-year contract, customers buy green power at 9.9 cents per kilowatt hour. Conventional power supplied by ConEdison’s local subsidiary, Orange and Rockland Utilities, Inc., comes from coal, gas, large hydro and nuclear. It will be priced at 10.7 cents per kilowatt hour.

    OR….. they could pay our normal price of 6.5 cent per KW
    Why in the world do the Orange and Rockland Citizens allow their electrical rates to be so high

    Energy can be very cheap people. Hello Nuclear….. 4 lbs of uranium can run a plant for several years.

  4. MR10DOGS Says:

    I would like nothing better than to get out from under the electric companies thumb and away from the tax machine but……..
    It will not be reasonably priced until someone figures out how to get long term income. Solar power will go the way of the hydrogen car. They have not completely figured out how to regulate and tax the fuel so they drag their feet.
    The technology, no doubt, is available to be totally free of fossil fuels or at least oil but the alternatives cannot be free of taxes and long term solutions will have to have a cost built in before they will let us have them.
    $3 a watt is a good start but greed will kill the optimism.
    very skeptically yours,
    Mr10dogs


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