Sunday, March 15, 2009

Pending bills, rules would help 'green' energy - Business - Starbulletin.com

This way of doing business hardly encourages conservation. By separating the utility's profits from the sale of electricity (hence "decoupling") both the utility and the consumer have an incentive to promote conservation, renewability and sustainability.

Another change pending is a proposal to streamline the process to sell power to the utility. Called a feed-in tariff, it would obligate the electric utility to purchase power at set prices.

Thus, instead of solely generating energy from its own plants, HECO would purchase power from individuals, companies and organizations who generate power from solar photovoltaics, wind power, biomass, hydropower and geothermal power.
Pending bills, rules would help 'green' energy - Business - Starbulletin.com

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