DTE Energy Proposes Renewable Energy Program

DTE Energy has developed a plan that will give its 2.2 million electric customers the option of choosing renewable energy for all or part of their electricity needs.

The proposal is intended to encourage new renewable energy projects in Michigan, and help create a diverse energy portfolio to meet the growing demand for electricity. “This voluntary program — called GreenCurrents — will give our customers the ability to choose power created from wind, sun, water, biomass and other environmentally-friendly sources,” said Trevor Lauer, vice president of retail marketing for DTE Energy. For $2.50 a month, customers can purchase 100 kilowatt-hours of renewable energy, which represents about 15 – 20 percent of a typical home’s monthly electric usage. Customers can also choose to have 100 percent of their home’s electricity provided by renewable resources for an additional cost of two cents per kilowatt-hour — or about $10 to $15 per month for a typical household. “Currently, renewable energy facilities are more costly to build, operate and maintain than conventional sources of electricity,” Lauer said. “But we expect costs to decrease over time as customer demand grows, and more and more renewable energy facilities are brought online.” DTE Energy filed the proposal, which has been under development for more than a year, with the Michigan Public Service Commission. Pending approval by the Michigan Public Service Commission, the company hopes to begin offering the GreenCurrents program early in 2007.
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