Detroit Edison, a retail electric utility subsidiary of DTE Energy operating in southeastern Michigan, is seeking approval from the Michigan Public Service Commission to offer a new green power program to its 2.2 million customers. Under the GreenCurrents program, residential and commercial customers can choose to purchase renewable energy either in 100-kWh blocks or for 100% of their electricity usage. Residential customers will be charged $2.50 per block (or 2.5¢/kWh), while commercial customers will pay $2 per block (2¢/kWh). Both customer classes will pay 2¢/kWh for the 100% usage option. To supply the program, Detroit Edison plans to issue a request for proposals (RFP) to purchase power from renewable generation facilities located within Michigan. If the utility is unable to secure acceptable contracts for renewable power within the state, it will purchase renewable energy certificates (RECs) from projects in other locales.
News Release - DTE Energy Proposes Renewable Energy Program