NHEC Offers New Renewable Energy Rate

PLYMOUTH, NH – New Hampshire Electric Cooperative (NHEC) now offers an optional Renewable Energy Rate for members who wish to support the development of renewable energy in the region.

Members who enroll in the Renewable Energy Rate have the choice to purchase Co-op Power with 50 percent or 100 percent renewable attributes. For the Aug. 1, 2024 to Jan. 31, 2025 rate period, the 50 percent renewable option is 1.861 cents more per kWh than the Basic rate. The 100 percent renewable option is 3.861 cents more per kWh than the Basic rate paid by most members. The added revenue received will be used by NHEC to purchase Renewable Energy Certificates (RECs), which are a way to account for and encourage renewable energy production and use.

“Our purpose is to serve our members, and to provide them with affordable, reliable electric service. We have a diverse membership, a number of whom are passionate about supporting and growing sources of renewable energy. Offering this new renewable rate aligns with our goal as a cooperative to provide energy solutions for all the segments of our membership,” said Alyssa Clemsen Roberts, President & CEO of NHEC.

“Increasingly, our members have expressed a desire to have more of the power they use come from renewable sources. Recognizing this, the board worked to create this option for our members who want to do more to increase the use of renewable energy,” said NHEC Board Chair William Darcy.

The Renewable Energy Rate is available to all members who purchase Co-op Power at the Basic residential classification of service (rate codes B or N01A).

To learn more about NHEC’s Renewable Energy Rate, please visit: www.nhec.com/renewable-energy.