Cincinnati Electric and Gas Aggregation / Energy

Bidders line up to provide renewable energy to Cincinnati

CINCINNATI — “The city of Cincinnati received proposals from seven companies willing to provide discounted rates on electric service using renewable resources. It’s part of an aggregation program authorized by Cincinnati voters in November and modified by Cincinnati City Council in February.

Cincinnati is trying to become the largest city in the country to source 100 percent of its energy supply from renewables, including wind, solar and biomass.

The city asked bidders to quote their best rates for electric rates from any source, including coal-burning power plants, nuclear and natural gas. It also asked suppliers to quote their best rate including the purchase of renewable energy credits, which are used to cleaner-burning power generation plants.

By offsetting the city’s consumption with renewable power generation, the city can claim its energy comes from up to 100 percent renewable resources.”

— Dan Monk, Cincinnati Business Courier

Read the whole story: http://www.bizjournals.com/cincinnati/blog/2012/04/bidders-line-up-to-provide-renewable.html

Our voices were heard. The bids are in.

— Kate Melges, Greenpeace

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