Green Mountain Power Plans 100% Renewables By 2030 With Help From Tesla

Green Mountain Power, which serves nearly ¾ of all utility customers in Vermont, is ramping up its plans to use only renewable power by 2030. The company has been a leader among US utilities when it comes to addressing the emissions created by generating electricity by conventional means. Starting in 2017, it offered many of its customers the option of installing a Tesla Powerwall residential battery for just $30 a month. One installed, the batteries were networked to act as distributed grid storage for the company. During a heat wave last summer that saw a spike in energy demand, the company was able to draw on the electricity stored in all those batteries to meet peak demand. It says it was able to save $500,000 in the process because it did not have to purchase more expensive electricity from peaker plants. Now Green Mountain Power says it wants to accelerate its move to 100% renewable energy so that it gets to zero emissions no later than 2030. “There is so much we can accomplish together in Vermont to cut carbon, and at the same time increase reliability for customers in the face of increasingly frequent and severe storms. The […]

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