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NStar Green Program

asked 2013-06-05 12:15:07 -0500

Victor gravatar image

I just received a note from NStar, my electric company. They are giving me an option to buy power produced from renewable energy resources. But they are charging premium rates that are 20%-40% higher than what I currently pay. Is it a good deal or should I buy my own clean energy system?

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answered 2015-12-16 15:27:14 -0500

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updated 2015-12-16 15:27:14 -0500

energysage gravatar image

It sounds like the program that NStar is offering is a utility green power program, which is different from installing solar panels. The question is, is your priority supporting renewable energy or saving money?

With utility green power programs you pay a little bit of a premium to buy renewable energy through your utility. You don't have to install solar panels on your home, and you support the development of renewable energy in your area, but you don't get the financial benefits of going solar. In contrast, if you buy a solar power system for your home, you pay more up front but will save money by reducing your electricity bills in the long term. What you decide to do is up to you!

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Asked: 2013-06-05 12:15:07 -0500

Seen: 189 times

Last updated: Dec 16 '15