GreenCo Solutions is helping North Carolina's electric cooperatives develop energy efficiency programs, evaluate renewable energy projects, and meet regulatory and compliance milestones.
Energy Efficiency Programs
GreenCo assists with the development and implementation of energy efficiency programs. Based on comprehensive studies, pilot programs, and market research initiatives, energy efficiency programs have been and will continue to be developed for our members. Program examples include initiatives to install Energy Star lighting, insulate water heaters, purchase Energy Star appliances, and improve the energy efficiency of low-income residences. Programs for commercial and industrial consumers are also available. Contact your local electric cooperative to learn about energy efficiency program offerings available to you.
Renewable Energy Projects
GreenCo identifies and assesses renewable energy project opportunities. Project proposals that GreenCo might evaluate for its members could include solar, wind, hydro, biomass, poultry waste, swine waste and landfill gas. Additionally, GreenCo manages a portfolio of renewable energy certificates for our members.
GreenCo welcomes renewable energy proposals from project developers. Proposals for renewable energy resources other than solar, poultry waste and swine waste are currently being accepted and should be directed to Jay Nemeth.
Regulatory Support and Compliance
GreenCo provides regulatory support and compliance reporting for member cooperatives for compliance with North Carolina's Renewable Energy and Energy Efficiency Portfolio Standard (REPS) established by Senate Bill 3, enacted by the NC General Assembly in 2007. The bill mandates NC-based electric utilities to purchase or generate a specific amount of renewable energy, or reduce electricity use through energy efficiency improvements. Using a stepped compliance approach, electric cooperatives in North Carolina must purchase or generate 10% of their retail sales with renewable energy or energy efficiency savings by 2018.
GreenCo files consolidated REPS compliance plans and reports with the North Carolina Utilities Commission on behalf of its 22 electric cooperative members.
