BRIEFLY.Byline: The Register-Guard `Greenpower' program available to customers Eugene Water & Electric Board customers may now voluntarily buy into a "Greenpower" program that promotes the development of renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. , thanks to action taken Tuesday by the utility's elected commissioners. At the same time, the board discontinued EWEB's Windpower program, which is fully subscribed Fully Subscribed A situation in which an underwriting firm has successfully sold to investors all of its available issues of a public offering of securities. When the issue is fully subscribed, the underwriter's risk of being undersubscribed (being unable to sell its allotment of . The new Greenpower program, however, also promotes energy development from wind, as well as from solar, geothermal and other renewable resources Noun 1. renewable resource - any natural resource (as wood or solar energy) that can be replenished naturally with the passage of time natural resource, natural resources - resources (actual and potential) supplied by nature . Customers may opt to pay an extra penny per kilowatt-hour, with the proceeds going to a reserve fund for renewable energy development Renewable energy development covers the advancement, capacity growth, and use of renewable energy sources. Modern interest in renewable energy development is linked to concerns about exhaustion of fossil fuels and environmental, social and political risks of extensive use of fossil . For residential customers who use the average load of 1,060 kilowatt hours, a Greenpower subscription would add $10.60 to their monthly bill. - From Register-Guard and news service reports |
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