Renewable Energy Credits

The Renewable Energy Credit Program was created to allow businesses and individuals to support the development and use of alternative energy in areas, such as Indianola, that are not able to offer it directly.

A Renewable Energy Credit (REC) represents one kilowatt-hour (kWh) of renewable electricity generated and delivered to the power grid.  An REC also represents the environmental benefits of replacing traditional fossil-fuel power with clean, renewable power.  For every kWh of renewable energy produced, there is one less kWh of power that is produced using conventional fuels.  The more RECs sold, the more renewable energy that is produced.

Through IMU’s REC Program customer may purchase part, or all, of their monthly electric consumption from these renewable energy sources.  The additional cost to customers for renewable energy is $0.01 per kWh.  For example, a customer who averages 1,000 kWh/month and want approximately 10% of their energy to come from renewable resources would pay $1.00 per month in addition to their normal bill.  Customers can designate their level of participation in 100kWh blocks, with each block costing an additional $1.00/month.  Customers may also designate that 100% of their monthly consumption come from renewable energy sources, pay $0.01 more for each kWh consumed, rounded to the nearest dollar, in addition to their normal bill.

Customers must elect to participate in the program by completing an authorization form.  In addition, customers must notify the utility billing office if they wish to discontinue participation in the program.  Forms are available at the Customer Service Center, 111 S. Buxton Street.