The Board of Traverse City Light & Power (TCL&P) has decided to terminate the utility’s voluntary green pricing program and pursue plans to increase the amount of renewable energy generation in the utility’s overall mix, with the costs shared by all customers. The TCL&P green rate program, launched in 1996, was one of the nation’s first green pricing programs through which customers could pay a premium above standard electricity rates to help support the development of renewable resources. The program helped TCL&P build a 600-kW wind turbine about two miles outside of town. After 13 years, the TCL&P board canceled the special rate program, which had 10 commercial business and 73 residential subscribers, and generated about $6,500 a year.
The utility plans to expand its use of renewable resources to generate 30 percent of its power by 2020 and exceed a 2008 state law requiring Michigan utilities to source 10 percent of their electricity from renewables by 2015.
News Release - Light & Power cancels green rate program