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 | Green Movement: Half of Dominion "Green" Money Used for Administrative Costs |
For participants in Dominion Virginia Power’s green power program, about half of their money is going to cover the administrative costs in the renewable energy program. Dominion says this is so that the program can be 100 percent self-funded, and that it would be unfair for non-green power customers to bear the cost of managing the program. The program is voluntary for subscribers and typically costs $15 per month for those fully participating in the program. Customers can also participate for as little as $2 per month. Through the program, Dominion customers (about 3,500 currently) can buy credits to help support the development of renewable energy sources. The Sierra Club’s Virginia Chapter says they are not encouraging their members to participate in the Dominion green power program with 50 percent going to overhead costs.
Richmond Times-Dispatch: Article
For the $15 monthly cost, $7.50 goes toward purchasing renewable energy certificates; $7 is paid to a contractor to run the program; and $0.50 goes to Dominion to manage the program. Renewable energy certificates are “tradable environmental commodities that represent proof that a megawatt-hour of electricity was generated from an eligible renewable energy source,” according to the VDEQ. Purchasing the certificates is not purchasing green energy itself, but is supporting the development of renewable energy.
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