Vectren Energy Delivery of Indiana, which serves about 140,000 electricity customers in southwestern Indiana, has petitioned the Indiana Utility Regulatory Commission (IURC) for approval of a 30-MW wind energy purchase from an Indiana-based wind project that will be used to supply a new green power program.
Under the program, residential and small commercial customers will be able to purchase 100-kWh blocks of renewable energy at a yet-to-be-determined monthly price, likely to be from $2 to $3 per block (2¢/kWh to 3¢/kWh). All customers will also have the option to make tax-deductible contributions to a renewable energy investment fund, which will be dedicated to expanding renewable energy projects in southwestern Indiana. Until the Benton County wind project comes online in early 2008, Vectren will supply the program with renewable energy certificates (RECs).
News Release - Vectren to Add Renewable Energy to Electric Generation Portfolio, Customers Can Choose Green Power
News Article - Vectren Customers Can Opt for Wind Power