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Renewable Energy Pilot Program
The
Public Service Commission (PSC) has approved an energy pilot program for DTE
Electric Company that allows participants to obtain more renewable energy than
the mandated amount.
The new
program will let participants obtain more than 10 percent renewable energy, the
mandated amount in the state’s 2008 energy law. It will be limited to an
additional 150,000 megawatt-hours of generation from DTE Electric Company solar
and wind facilities. Participants will also remain on their current tariffed
rate and will pay a fixed subscription fee for the entirety of the program, of
$0.072 per kWh of usage subscribed for the billing period. Additionally,
participants will receive an energy and capacity credit based on their usage
and subscription level for the same period.
In the
announcement, it was added that the PSC’s approval of this pilot program does
not constitute an approval of DTE Electric’s method for computing the value of
renewable energy.
posted by PAA Online
,
Friday, October 14, 2016
11:03 AM
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