More GMP customers generate own renewable energy

first_imgGreen Mountain Power Corp,(Vermont Biz April 6, 2010) The number of Green Mountain Power customers using small-scale renewable energy sources to generate their own electricity has more than doubled since 2008, with the largest growth coming from customers who generate electricity with solar. Currently, close to 300 GMP customers have applied for and received state permission for net metering. Since net metering began in 1998, GMP customers’ projects account for nearly 3 megawatts (or 3 million watts) of renewable power.”Clearly many of our customers are taking advantage of technologies that have increased the amount of renewable energy on Vermont’s power grid,” said Mary Powell, Green Mountain Power president and chief executive officer. “We have a strong commitment to reducing our reliance on fossil fuels during times of peak demand. Net metering allows customers to produce renewable energy, which has long-term environmental benefits for all of us.”Customers who want to generate their own solar, wind biomass, hydro or other renewable energy can participate in “net metering” — a process established by Vermont law that allows electric utility customers to generate electricity using renewable resources for personal use and “bank” any excess with the utility for limited periods of time.Through this process, customers can install renewable energy technologies such as solar panels or wind turbines. They pay their utility regular monthly service charges, but are billed for electricity only when they consume more power than they generate. If they generate more power than they need, they can “bank” that power with the utility until they need it, for up to 12 months.The bulk of GMP’s net metering customers, nearly 75 percent, use solar energy. GMP provides financial incentives for customers to install solar panels through its SolarGMP program, paying customers nearly 50 percent more than the net metering benefit. With SolarGMP, GMP also pays for the excess power generated, so there is no need for “banking” the excess. In turn, solar power generation helps reduce the utility’s need to purchase expensive market power and increases the amount of renewable power on the state’s power grid.John Pacht and Andrea Bayer, Green Mountain Power customers, recently installed solar panels at their home in Hinesburg. “Our new solar panels have significantly reduced our electric bills, thanks to the financial incentives of net metering and SolarGMP. We expect our investment in the panels to be paid back over time, and meanwhile we love knowing that the electricity we are using comes directly from the sun,” Mr. Pacht and Ms. Bayer said.”The increase in net metering is a sign of the significant interest and increasing use of solar generation in our service area,” Ms. Powell said. “We are pleased to see Vermonters take advantage of the growing number of opportunities to support sustainable energy practices that protect the natural environment of our state.”About Net MeteringNet metering — adopted by the Vermont legislature in 1998 — enables electric utilities to allow customers to generate their own power using small-scale renewable energy sources. Those interested in net metering must first obtain a Certificate of Public Good from the Vermont Public Service Board. For more information, visit: www.publicservice.vermont.gov/energy-efficiency/ee_netmetering.html(link is external)About Solar GMPSolarGMP is a program created by Green Mountain Power to give residential and commercial customers financial incentives to install solar panels. Through this program, GMP pays customers a higher rate per kilowatt hour for the solar power they generate. For more information, visit: www.choose2bgreen.com/about-choose2bgreen/solargmp.html(link is external)About Green Mountain PowerGreen Mountain Power (www.greenmountainpower.com(link is external)) transmits, distributes and sells electricity and utility construction services in the State of Vermont in a service territory with approximately one quarter of Vermont’s population. It serves more than 200,000 people and businesses.Source: Green Mountain Power. COLCHESTER, VT–(Marketwire – April 06, 2010) –last_img read more

Continue reading

Princeton University removes Woodrow Wilson’s name from school

first_imgPrinceton University said Saturday it was removing the name of president Woodrow Wilson from its public policy school and a residential college, calling the former US leader a racist.The Ivy League school’s board of trustees “concluded that Woodrow Wilson’s racist thinking and policies make him an inappropriate namesake for a school or college whose scholars, students, and alumni must stand firmly against racism in all its forms,” university President Christopher Eisgruber said in a statement.Wilson served two terms as US president, from 1913 to 1921. He was the founding father of the League of Nations, a forerunner of the United Nations, and embodied the end of American isolationism. But the 28th US president also supported racist policies, notably allowing segregation in federal agencies even after they had been racially integrated for decades.”He not only acquiesced in, but added to the persistent practice of racism in this country, a practice that continues to do harm today,” Eisgruber said.The New Jersey university will now be home to the Princeton School of Public and International Affairs. A residential college named after Wilson will be known as First College.Since the May 25 death of George Floyd, an unarmed African American killed by a white police officer who knelt on his neck, the United States has been swept by civil unrest with protesters demanding the end of systemic racism. Businesses and institutions have been examining their roles in perpetuating injustice.The efforts are even gaining ground in highly conservatives places like Mississippi, where lawmakers on Saturday took procedural steps to redesign the southern state’s flag, which prominently features a Confederate emblem.Governor Tate Reeves has said he will sign any bill passed by lawmakers to change the banner.Topics :last_img read more

Continue reading