|Eco-Militants Blast Wind Energy Co. for Lowering Rates|
|by Tom McGregor||Mon, Aug 4, 2014, 08:21 PM|
Texas-based Austin Energy has announced a plan to lower utility rates for wind energy customers, but eco-extremists are crying foul.
The Houston Chronicle reports that, "Changes to an program intended to help pay for wind power investments have drawn criticism from some industry experts who say the program no longer has a direct link to the city's renewable energy goals."
Austin Energy intends to sell one kilowatt of electricity from wind energy at just 1 cent higher than regular customers. Nevertheless, environmentalists are complaining, because they are wind profiteering and prefer charging customers higher rates.
According to the Houston Chronicle, "The company changed the program earlier this year, disposing of the long-term contracts. Instead of a price tied to wind contracts, customers now pay an electricity rate that is higher than the standard rate. The extra revenue goes toward paying for wind power."
Since the announcement, many new Texas customers have signed up for the Austin Energy wind plan.
To read the entire article from the Houston Chronicle, link here:
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