National Grid offers residents option to support green energy
A growing number of Americans have come to support the idea of renewable electricity, pushing for further use of the solar energy and wind power. But many people are not clear on how they can help promote these technologies without taking the often expensive and not always practical step of residential solar systems.
National Grid offers a solution for this in-between group, offering people the opportunity to purchase electricity at a slightly higher rate to ensure a certain proportion of their electricity comes from renewable sources.
Because of the interconnected nature of the electrical grid, consumers are not strictly getting electricity from renewable sources, but rather National Grid uses that money to purchase renewable energy credits, which represent the production of a certain amount of clean electricity.
These credits play a crucial role in supporting the renewable market around the country, with many homeowners paying for home solar installations by selling the credits to utilities who are required to produce a certain proportion of their electricity from renewable sources.