has asked Virginiaregulators to approve its plans for a voluntary rider under which customers canpurchase "electric energy provided 100 percent from renewable energy."
"RiderREO bundles together the energy output of multiple renewable generators in orderto provide around-the-clock, carbon-free generation to meet fully the energyneeds of participating customers," the AmericanElectric Power Co. Inc. utility wrote in its April 28 petition to theVirginia State Corporation Commission. (Case No. PUE-2016-00051)
Appalachian Power said its proposed rider will allow customersto meet all of their electricity needs from "energy generated exclusively fromrenewable resources," while encouraging the development of renewables.
The company said bundling different types of generation willallow it to provide renewable energy "at all hours of the day, in all seasons"to customers choosing to participate.
Appalachian Power said it has several long-term power purchaseagreements with renewable resources with a combined nameplate capacity of 423 MWand will assign its proposed rider to this generation. These renewable generationresources are identifiedas the Summerville hydroelectric plant, as well as the Camp Grove, Fowler Ridge, BeechRidge Wind and GrandRidge Wind Energy facilities.
In addition,Appalachian Power said that if it adds other renewable resources, such as solargeneration, to its portfolio, the subscribed portion of those resources also willbe added to the rider.
"Appalachianwill apply revenues above those that would have been collected under the participatingcustomers' standard schedules as a credit to its fuel factor and the rate adjustmentclauses that the participating customers no longer pay to avoid harming nonparticipatingcustomers," the company wrote in its petition, adding that it will report salesand update pricing annually before the commission.