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The "Double Green" Utility Rate
Consumers of energy should consider how increasing energy prices and access to reliable energy supply sources may affect them in the future. Today, some utilities are providing wind, solar and hydroelectric power (renewables) for consumers. A way to reduce electrical and energy consumption is for utilities to couple electricity from renewables with ground source heating and cooling. Wind power requires no fuel to produce electricity. Coupling renewable electricity with renewable ground source heating and cooling is a very efficient way to avoid increasing energy prices and guarantee power supplies. Ground source heating and cooling does not require any fuel other than electricity. Facilities and homes powered by wind, solar and or hydroelectric AND heated and cooled by ground source would not require any fuel purchases. The Double Green utility rate would not be subject to fuel adjustment in the rate structure. The environmental impact would let consumers globally warm up to the Double Green rates.
Utilities should consider ownership of the ground heat exchanger and repayment from the "double green rate". The ground heat exchanger has the lowest life cycle cost and longest service life of any microgeneration system available for HVAC/R.
The Double Green Rate greatly increases in value by capturing the carbon offset credits available and becomes the Green cubed rate. The Green cubed designation would indicate that the credits have been verified and aggregated by Geo Exchange Offsets, L.L.C.
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