Abstract
Voluntary consumer decisions to purchase electricity supplied from renewable energy sources represent a powerful market support mechanism for renewable energy development. Beginning in the early 1990s, a small number of U.S. utilities began offering 'green power' options to their customers. Since then, these products have become more prevalent both from utilities and in states that haveintroduced competition into their retail electricity markets. Today, nearly 50% of all U.S. consumers have an option to purchase some type of green power product from a retail electricity provider. Currently, more than 350 investor-owned utilities, rural electric cooperatives, and other publicly owned utilities in 33 states offer green power programs. This report provides an overview of greenpower marketing activity in the United States. It describes green power product offerings, consumer response, and recent industry trends. The three distinct markets for green power are discussed in turn.
Original language | American English |
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Number of pages | 70 |
DOIs | |
State | Published - 2003 |
NREL Publication Number
- NREL/TP-620-35119
Keywords
- analysis
- Blair Swezey
- competitive electricity markets
- competitive green power marketing
- green power
- green power marketing
- green pricing
- green pricing programs
- null
- RECS
- renewable energy certificates
- retail green energy certificate products
- retail green power products
- utility green pricing activity