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Green power options for customers in North Carolina

CP&L is joining other North Carolina utilities in offering its electricity customers a renewable energy option that is uniform across the state. NC GreenPower, which is getting strong support from North Carolina Attorney General Roy Cooper, is a green pricing program for customers of North Carolina investor owned utilities, municipal electric providers and rural electric co-operatives. Every utility will offer the same program in which consumers will pay a $4 premium for a block of 100 kWh of renewable energy. Although the makeup of the renewable portfolio has yet to be set by the consortium-which comprises the Attorney General's office, utilities, government and environmental groups-it could include solar, wind, biomass and small hydro resources. Utilities will turn over the funds to NC Advanced Energy Corporation, a non-profit organisation administering the NC GreenPower program, which will contract with renewable energy suppliers. CP&L, which has one million North Carolina electricity customers and is a subsidiary of Progress Energy, filed its proposal with the state's utility commission May 31 and expects approval of the program in mid-July. The utility says it will begin offering the program within six months of approval.

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