In Montgomery County, in Maryland, a Clean Energy Rewards Program aims to help residents and business owners to make a big change, and choose consumption of clean energy.
Every qualified resident is given a reward for purchasing clean energy supplied by a certified supplier and REC marketer. The official website offers users a choice as to the type of clean energy that suits their lifestyle; they can also sign up for the program on-line and receive Clean Energy Rewards.
This local rebate program requires one to use eligible renewable energy systems such as photovoltaic systems, biomass systems, and wind power systems. Applicable for residential, commercial or business entities, non-profits and religious sectors, it gives incentives for each purchase of clean energy – in a series of different brackets.
A credit of 0.5 cents for every KWh of clean energy consumption is given to all qualified customers. An annual purchase of up to 20,000 KWh, or 40,000 KWh, for business or non-residential customers respectively, qualifies for an equivalent credit.
To qualify for this program and to be eligible for the reward, all consumers must commit to use clean energy for a minimum of 50% of their annual electricity consumption. The incentives are submitted for distribution by the certified suppliers.
The rewards are reflected on the monthly bills of the customer. An estimated 15% to 25% of the incremental value of clean energy is set by the County’s Department of Environment Protection.
There are other certified suppliers who can provide detailed information regarding the products that are eligible for this program. The list of those electric utility companies can be accessed in the program’s website.
Those who offer Clean Energy Rewards include:
- Washington Gas Energy Services
- Pepco Energy Services
- Allegheny Power
There are also the renewable energy certificates, or RECs, which are provided by Sterling Planet, Wind Current and Clean Currents. These RECs can be purchased as alternatives, by consumers who want to avail themselves of the program.
For clean energy to be eligible, it must be generated in the United States and traced by a regional RTO or ISO system. The afore-mentioned electric utility suppliers have been certified and recognized by the Department of Environmental Protection.
A total of $561,000 is allotted for these rewards, until the year 2009. Those who are using photovoltaic systems to generate electricity on their private property may also be eligible for renewable energy rewards.
Note: Due to some resolutions which have been passed within the county, it is advised that consumers update themselves on any recent changes in the credit rates.
Disclaimer: This article does not constitute a source of an official legal or financial advice. While we attempt to represent all data as accurately as possible, we advise you to refer to official government websites, for the most accurate and up-to-date information.