Voluntary fund lets customers support renewables development
Alameda Power and Telecom's Clean Future Fund gives customers a choice in the utility's future investments in generation sources.
Since more than 80 percent of the utility's energy comes from renewable resources, Alameda residents do not pay more on their bills to get green power. To continue to offer their customers a choice of green power products, Alameda P&T started the voluntary Clean Future Fund in 1998.
Ratepayers contribute an additional penny per kilowatthour, or about $3.75 a month for the typical household, for Alameda P&T to invest in new renewable power resources, upgrades, and retrofits. Fully 100 percent of the contributions go to support new resource development and projects such as installing a PV array on Lincoln Middle School.
The Clean Future Fund has collected nearly $20,000 since its inception. "This is a great mechanism for the community to invest in clean energy development," said Communications Supervisor Matt McCabe, "Our customers' support of the program is truly reflective of their commitment to the environment."