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Getting cheaper in California
1 April 1999
Buying green electricity is getting cheaper for residential consumers in California, at least in the short term. In San Jose, 'cleen 'n green' says it will start providing a 100% renewable mix, starting March 31. EcoSave Power will be priced slightly lower than utility power. The announcement comes just weeks after Commonwealth Energy Corporation, in Tustin south of Los Angeles, said it will switch its 38,000 customers -- mostly small businesses and homes -- to green electricity. Commonwealth's customers are also guaranteed 5% saving over utility power. In addition, Keystone Energy Services of Los Angeles has announced that it now supplies green power to 6000 customers, a figure that exceeded its projections This sort of pricing and competition for market share is in part because the retailer gets a $0.015/kWh discount from the California Energy Commission until 2001 for selling renewable power generated within California
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