Changes Coming to GreenPrime in 2025
GreenPrime is the 100% renewable product offered by SVCE. Over the last several years, the landscape for purchasing carbon-free and renewable power has changed dramatically. As a result, the SVCE Board of Directors recently voted to revise the GreenPrime price premium and product offering for 2025.
The details below outline the changes that are coming to the GreenPrime product in January 2025.
The GreenPrime premium will increase to $0.017/kWh for all customers. This increase reflects the rising cost of the 100% renewable products that make up the GreenPrime power mix and will take effect at the beginning of January – February 2025 billing cycles.
The average household using GreenPrime electricity has been paying between $6 – $10 more on their electricity bill every month. With the increase, this average will now be $7 – $11.
No. GreenPrime will remain a 100% renewable power mix sourced from wind and solar with zero to near-zero emissions.
The current landscape for short-term procurement of carbon-free and renewable power has changed dramatically. Recent prices for such carbon-free energy products have increased 1500% and renewable energy credit prices are up 500%.
To opt down to GreenStart before the new rates for GreenPrime take effect, customers should call 1-844-474-7823 or email customerservice@svcleanenergy.org with this request before January 1, 2025.
Please contact the SVCE Customer Service department by phone at (844) 474-7823 or by emailing customerservice@svcleanenergy.org