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TVA notes green market slowdown

23 April 2007 -- The Tennessee Valley Authority said it sold 69 percent of its green power from March 2006 to February 2007, according to a spokesman quoted by the Associated Press. The AP said this was a reversal from previous years when TVA sold all of its renewable energy output.

The utility's Green Power Switch program sells renewable energy to participating consumers at a slightly higher price than its traditionally generated power because it says the green power is more expensive to produce.

The seven-year-old program offers power in blocks of 150 kWh (about 12 percent of an average household's monthly power usage) for $4 each. The power comes from a wind farm, several solar power sites and a Memphis power plant that burns methane gas from a sewage treatment plant.

The AP said 98 of TVA's 158 power distributors participate in the green power program, and as of March, almost 10,000 residential customers and more than 650 businesses were enrolled.




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