Golden Valley Electric Association, a rural electric cooperative which serves about 90,000 residents in the Fairbanks, Delta, Nenana, Healy and Cantwell areas of Alaska, plans to offer a green power option to its member customers beginning this fall. Under the Sustainable Natural Alternative Power (SNAP) program, customers can support the development of small, local renewable energy projects by paying an extra amount on their monthly electric bills. Customers can pick the amount of their monthly contribution, with a minimum two-dollar contribution required. The funds collected will be used to purchase the output of local renewable energy systems of 25 kW or less in size. Local producers can earn up to $1.50/kWh for their power, depending on the level of contributions and the number of operating projects. Initially, GVEA hopes that 3% to 4% of its customers will participate in the program.
The program is modeled after the SNAP program developed by Chelan County Public Utility District in Washington, which currently supports about 40 small renewable energy projects within its service territory.
News Article - GVEA Gives Customers Option of Going For The Green