Friday, April 24, 2009

For now, green energy cheaper than brown energy in Md.

One benefit of the economic slowdown, in Maryland at least, is that green energy (wind power) is now less expensive than the traditional, "brown" energy mix of coal and nuclear power.

Clean Currents, a Rockville-based clean energy broker/aggregator, offers a residential energy package called Chesapeake Green. It comes in two options: 50 percent wind power or 100 percent wind power. Right now, both cost less than Pepco and BGE's rates in Maryland.


I got an e-mail today from an environmental group noting that this is the first time ever that green power has been cheaper than brown power in Maryland. Even though I already have 50 percent wind power at my house, I was intrigued and decided to call Clean Currents to get the scoop.

I spoke to Brian Eglsaer, operations manager for Clean Currents. He said that Maryland Pepco customers are paying about 11.7-12 cents per kilowatt hour for electricity, and BG&E customers are paying about 11.8 cents per kwH. Clean Currents offers rates as low as 11.1 cents per kwH. Eglsaer estimates you can save 5 percent on your bill now by switching to Clean Currents, and in the summer when Pepco and BG&E rates go up, you can save 8-15 percent. He said this would probably come out to $5-10 per bill.

The benefit is that you're using clean energy and helping to reduce pollution, slow down climate change and be a part of the transition to a greener nation.

Eglsaer says his company can offer lower rates because the big utilities locked in prices before the economic downturn, but now energy prices are less expensive -- and as a small company, Clean Currents is a bit more nimble and was able to work out lower rates. He said they've been offering these rates for a few months and they might only last for a few months more, so check it out soon.

Labels: , , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]



<< Home