renewable energy

Atmos: Banking for Sustainable Energy

A New Way to Support Sustainable Energy

Do you know where and how your bank is investing your paycheck? If you bank with one of the big banks, your deposits are almost definitely funding the fossil fuel industry.

To help make it easy to align your money with your values, we’ve partnered with Atmos, a climate-positive banking platform where you can earn a high interest rate on deposits while helping to scale clean energy solutions. Atmos will donate $20 to Energy Alabama for every new account, and you can rest easy knowing that 100% of your FDIC-insured deposits are funding innovative technologies and infrastructure to build a clean energy future. And, when you choose to give regularly to Energy Alabama – or any of the climate non-profits on their platform – Atmos will double your savings rate.

Here at Energy Alabama, we know that true sustainability means improving family conditions, public health, and economic development. We understand the power of markets to scale clean energy solutions that will improve the lives of all Alabamans. That’s why we’re excited to join the Atmos platform. When you bank with Atmos, you’re building the clean energy future as you sleep, swipe or save.

How to Join

Sign up using this link, and Atmos will donate $20 to Energy Alabama. Two minutes is all it takes to put your money to work.

About Atmos

Atmos Financial is a climate-positive banking platform that scales up climate positive solutions. 

Atmos offers FDIC-insured checking and high-yield savings accounts for individuals, and invests 100% of every dollar deposited into clean energy projects. When you bank with Atmos, you’re building the clean energy future as you sleep, swipe or save.

Atmos has no minimum balance, and provides a fee-free platform for donating to non-profits, like Energy Alabama. And, it offers best-in-class rates — and doubles them when you use your account to donate on a regular basis.

Atmos is included in: 

Learn more about Atmos.

New Survey Results: Alabama Voters Want Energy Freedom in a BIG Way

In Alabama, we are all about freedom and market choices, and that’s as true of our energy use as anything else.

Alabama Wants Renewable Energy Choices

Recent results from a survey of 600 likely Alabama voters show that Alabamians want freedom of choice, a competitive marketplace, and the right and opportunity to choose where their energy comes from – and the right to produce their own electricity if they want.

That means more energy providers and more renewable energy sources – which is exactly what Alabamians are asking for: 81% support the development of clean energy like solar and wind. 79% say it’s important to them to have the choice to buy power from a company that uses more renewable energy sources such as wind and solar.

An even higher total of 83% agree that increasing our use of renewable energy sources in Alabama, such as wind and solar, will create jobs and encourage economic development throughout the state.

More choices, more renewable energy AND more jobs and a stronger economy? It’s a no brainer!

What About Our Utilities?

Specifically, Alabamians want to see more development from their public utilities. A whopping 90% of respondents think we should accelerate the growth of clean energy so that we can produce more of our own electricity in Alabama and rely less on importing from other states and countries. 87% think the public electric utilities should lead the way in developing renewable energy options for customers. Unfortunately, most Alabama utilities have been doing the exact opposite.

A big motivator for this stance appears to be a desire for Alabama to be independent. 90% support the acceleration of the growth of clean energy so that we can produce more of our own electricity in Alabama and rely less on importing from other states and countries.

The Politics of Renewable Energy in Alabama

Clean energy is good politics, too. Alabama voters across the political spectrum say it is important that a candidate share their opinion on energy issues. And as we’ve seen in these results, a significant majority across party lines support the development of clean energy in the state.

Alabamians know that more renewable energy = more jobs, stronger economy, more choices, and a more competitive energy market.

There is a lot more to these survey results, like what Alabama voters think of the solar tax (spoiler alert: they don’t like it). Read more and see the data for yourself.

 

Header image source: Unsplash

Energy Alabama Provides Comments for Public Service Commission on EV Charging Stations

Energy Alabama, along with the Southern Environmental Law Center and Gasp, provided comments to the Alabama Public Service Commission regarding its Proceeding to Determine the Commission’s Jurisdiction Over Electric Vehicle Charging Stations.

Our comments included two important points for the Commission to consider:

  1. An entity owning and/or operating an Electric vehicle charging station (EVCS) should not be subject to Title 37. In other words, these entities should not be under the jurisdiction of state utility regulators. This position represents the consensus among all commenting parties in the proceeding.
  2. Investments by Alabama Power in EVCS should maximize public benefits.

Concerning Alabama Power’s investments in the electric vehicle charging space, we included two further points:

  1. The Commission should require that utility investments in EV infrastructure provide net benefits to customers and promote EV adoption while still allowing a competitive market to develop. Ideally, the Commission should give utilities clear guideposts for these investments.
  2. We recommend that the Commission propose a technical conference or other forum where rate design questions can be explored further with respect to EV charging stations.

Our full comments can be found here: https://alcse.org/wp-content/uploads/2018/03/2018-01-26-SELC-Reply-Commments-Re-EVCS.pdf

Greener State Only Leaves You With Less Green. Here's Why.

Greener State Only Leaves You With Less Green. Here’s Why.

Greener State is a new program from Alabama Power that claims to give utility customers the chance to cover up to 100 percent of their energy usage with renewable sources. Which sounds great in theory because, after all, who doesn’t like renewable energy? In practice, though, Greener State isn’t everything it’s cracked up to be.

TL;DR – Alabama Power, and really all utilities, should stop charging their customers a premium for the privilege to buy renewable energy. Renewable energy is already the cheapest power to procure. Instead, they should focus on expanding access to renewable energy sources – for everybody. Alabama Power should make it easier for people to use renewable sources, not charge them extra.

The Skinny on RECs

Renewable Energy is great! Let’s expand access to it, instead of charging a premium.

Now, let’s back up. According to Greenerstate.com, the Greener State program allows Alabama Power customers to “greenify” their energy consumption with something called Renewable Energy Certificates. They’re called RECs for short, and the idea is that you can buy enough of them to cover all of your energy usage.

If you do that, you will have (in effect) used 100 percent renewable energy without buying and installing an expensive solar setup at your home. Meanwhile, you’ll be helping Alabama Power invest in wind, solar and biomass sources. The program doesn’t cost a whole lot, and you’re even taking care of the environment at the same time.

What’s not to like? More from Greenerstate.com:

RECs are the strongest driver of renewable energy development, and give you the ability to support renewables without the heavy cost of owning personal systems. You can certify that your electric usage is covered by renewable energy, but not spend tens of thousands on a solar panel system.

Since 2014 Alabamians have covered 3,267,000 kWh of their homes’ usage with renewable energy through our REC program. Now you can be a part of the movement with Greener State. This market force leads to more demand and accelerates the growth of renewable energy. RECs are a win-win-win.

A Win-Win?

First of all, a solar panel system for your home doesn’t cost tens of thousands of dollars. But let’s leave that for another time. Instead, let’s focus on that last part. For Alabama Power, Greener State definitely is a win-win. For customers, it’s really not.

To understand why, let’s take another look at the Greener State website. An article titled “The Future of Renewables in Alabama is Bright… Literally” notes that in December 2017, Alabama Power will begin receiving energy from a 72-megawatt solar plant in Lafayette, Alabama. And that’s not all. Not nearly. The same article mentions 14 hydroelectric facilities, a couple of wind projects and even some biomass energy – all of which Alabama Power supports.

Here’s the thing. If I’m a paying customer of Alabama Power, shouldn’t my money already support renewable energy? I mean, since Alabama Power is so invested in renewables, it just makes sense.

Well, Alabama Power never explains that part. Not at all.

Greener State: Really Just Leaving You with Less Green

Who doesn’t love solar? What we need is MOAR renewables! (Not a premium for the privilege.)

So, what’s the alternative? Here at Energy Alabama, we believe that renewable energy is the best and most cost-effective energy available. So, yes, utility companies should be investing in it. Heavily.

But while Alabama Power’s marketing is slick, Greener State just doesn’t add up. To be clear, investing in renewables is unquestionably a good thing. But in its current form, Greener State merely serves as an example of how Alabama Power values one form of green over another.

Instead of charging a premium to “support” renewable energy that is already in place, why not just continue investing in renewables while expanding access for all? In the long run, that’s the best and most cost-effective solution for Alabama Power and its customers.

And in the long run, that would be the real win-win for everybody.

Energy Alabama Signs On to Comments for Department of Energy’s Grid Reliability Study

Energy Alabama, along with many southeastern groups supportive of sustainable energy, signed on to comments prepared by The Southern Environmental Law Center in regards to the Department of Energy’s Grid Reliability Study. A 60-day inquiry is currently being undertaken by the Department of Energy concerning the reliability of our nation’s electricity grid.

We decided to sign on to these comments because Alabamians are starting to reap the benefits of affordable, reliable renewable energy resources that are diversifying our grid and producing clean, sustainable power. This study has the opportunity to significantly strengthen or weaken sustainable energy in South. We wanted to take any opportunity we could to give our voice in support of sustainable energy.

The full comments are shared below.

Download the PDF file .