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CSU Launches REC Offering

June 2008 - Colorado Springs Utilities (CSU) is now offering its customers renewable energy certificates (RECs) in 100 kWh increments at a price of 34¢ each, or 0.34¢/kWh. When a customer signs up under the program, CSU retires the requisite quantity of RECs on their behalf. The REC program comes in response to strong customer demand for renewable energy; CSU's green pricing program is currently sold out.

The program is being supplied by a five-year REC contract between the Western Area Power Administration (WAPA), on behalf of CSU and other utilities, and Community Energy, Inc. The RECs are derived from national sources of wind and geothermal energy.

CSU Contact: Mark James, (719) 668-8017

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