The program will have four different products to let you find the right balance of cost and renewable energy.
Keene Local Green (Default Product)
The standard product is designed to provide a balance between cost savings and support for more renewable energy. To start, the program aims to add an additional 5-10% more renewable energy into the electricity mix. That means an additional 5-10% of a customer’s electricity consumption will be sourced from renewable generation.
In 2021, a customer would have 27 to 32% of their electricity from renewable sources.
Renewable energy will be certified by purchasing Renewable Energy Certificates (RECs), the accepted legal instrument used to track renewable energy generation and to substantiate claims of renewable energy use.
Keene 50% Local Green
Includes RECs equal to 50% of a customer’s electricity usage, in addition to meeting all state renewable energy requirements.
Keene 100% Local Green
Includes RECs equal to 100% of a customer’s usage, in addition to meeting all state renewable energy requirements.
Meeting all state renewable energy requirements. No additional renewable energy content.
Why these options?
The program aims to move the entire community towards 100% renewable electricity by 2030, as outlined in the Keene Sustainable Energy Plan . Knowing that the majority of participants in Community Power programs will typically remain in the default product, Keene set out to craft its default to pursue our clean energy goals while respecting the diverse economic abilities of our residents and businesses. We expect the default product to stay competitive with utility supply while increasing renewable content, by taking advantage of technological advances and pricing signals that increasingly favor renewables over conventional supply options. The optional products provide immediate renewable energy choices for customers, and contribute to the overall impact of the program for renewable content.
To understand how to best achieve this, the City of Keene surveyed the community about interest in and willingness to pay for additional renewable energy. As shown below, over 90% of all respondents indicated a desire for extra renewables. Respondents were almost equally split in their willingness to pay more for renewables or not. These trends also held across income levels.
Ultimately, Keene designed its default product to offer some additional renewable energy while maintaining competitive rates. This balance was supported by the strong interest in both renewable energy and cost parity demonstrated in the survey responses.
Survey results also showed strong support for offering options for individuals who are willing to go far above the existing state standards for renewable energy and an option for those who seek the lowest electricity rate, with the potential for maximum savings.