AEP offers 'green' power option in West Virginia
WHEELING, WEST VIRGINIA - American Electric Power's West Virginia electric utilities are offering customers the chance to buy "green" power.
Appalachian Power and Wheeling Power say residential customers can buy 100-kilowatt-hour blocks of electricity generated by wind, hydroelectric dams, solar energy and biomass for $1.50 per block. A typical residential customer uses about 1,000 kilowatts monthly, or the equivalent of 10 blocks.
The companies say the cost is in addition to regular monthly charges. To sign up, go to http://www.appalachianpower.com or call Appalachian Power at 1-800-982-4237 or Wheeling Power at 1-800-852-6942.
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Shell’s strategic move into electricity
LONDON - Royal Dutch Shell’s decision to sell electricity direct to industrial customers is an intelligent and creative one. The shift is strategic and demonstrates that oil and gas majors are capable of adapting to a new world as the transition to a lower carbon economy develops. For those already in the business of providing electricity it represents a dangerous competitive threat. For the other oil majors it poses a direct challenge on whether they are really thinking about the future sufficiently strategically.
The move starts small with a business in the UK that will start trading early next year. Shell…