Silicon Valley Power (SVP) announced that 729 residential and business customers, or 1.5% of its customer base, have enrolled in its Santa Clara Green Power program after just three months in operation. SVP has set a goal of enrolling 5% of its customers in the program by the end of the first year.
Under the program, customers can purchase renewable energy to meet all of their electricity needs at a rate premium of 1.5¢/kWh, or an extra $7 each month for the average residential customer using 470 kWh a month. The program is supplied with renewable energy credits from newly constructed wind farms and solar photovoltaic projects located in California.
News Release - Santa Clara Green Power, Silicon Valley Power's Renewable Energy Option, Surpasses National Green Power Average After Only Three Months
News Article - Utility's 'green power' customer list grows