According to a recent article in the San Francisco Chronicle, the few remaining green power marketers in California are struggling to meet their customers needs given skyrocketing wholesale power prices. One of the companies, electricAmerica (formerly Commonwealth Energy), is still providing a 5% rate discount to its customers because it locked in fixed prices for its power supplies. Other marketers have been buying power on the volatile spot market. According to the newspaper, Green Mountain Energy has been inundated with calls from consumers looking for lower rates but the company has started turning away new customers and is recommending that its existing customers return to their default suppliers.
News Article - Suppliers Find It's Not Easy Being Green