First Point Power offers an innovative option for customers to support the development of clean energy and offset the carbon emissions generated from the power they use. Since almost all energy users are connected to the grid and it’s impossible to tell which generator is supplying your energy (many power plants feed into the grid) First Point purchases green energy certificates from wind, solar, hydroelectric or other clean energy generators, which allow you to claim the green attributes of the energy produced.
First Point Power will charge a premium to its monthly standard rate for customers choosing green energy based on market prices of renewable energy credits. We only offer the option to offset 100% of your electricity use.
The cost of renewable energy credits depend on a number of factors including State Renewable Portfolio Standards, expected number of new renewable energy sources added to regional energy markets, and voluntary demand of green energy by customers. We estimate the extra cost for customers who wish to offset their energy use with renewable energy will cost an extra $5- $10 per month on their bill, but prices may be volatile depending on renewable energy credit prices. This cost will appear as a separate line item on your bill called “Customer Charge.”