All members of Humboldt County REC may contribute money toward this program that will assist in the purchase of alternate or “green” energy in Iowa.
Humboldt County REC receives all of its wholesale electricity from Corn Belt Power Cooperative, which arranges to purchase alternate energy from new and existing generation sources. One of these sources is a wind energy center in Hancock County, Iowa. This 98- megawatt wind energy center began operation in December 2002 and includes 148 wind turbines.
The cost to acquire the wind energy from the Hancock County Wind Energy Center exceeds the cost to generate power from Corn Belt Power’s other generation resources. This difference in purchase price is known as the incremental cost. Humboldt County REC has designed its alternate energy program to allow its members to make voluntary contributions that will be sent to Corn Belt Power to apply toward purchase of renewable energy. Members may begin participating after Jan. 1, 2004.
Members of all classes of Humboldt County REC may contribute to the alternate energy program by adding the desired amount of contribution to their electric bill total and sending the funds to the cooperative along with their bill payment. Members may contribute in increments of $5.00 and may enter or leave the contribution program at any time.
Should the contributions exceed the incremental cost of the Hancock County Wind Energy Center, Corn Belt Power on behalf of Humboldt County REC will make additional investments in renewable energy in Iowa, including additional purchase of wind energy, investments or purchases from solar or waste management sources, or grants for other contributions to alternate energy development in Iowa.
Members who contribute are not guaranteed that electricity generated with renewable resources will be delivered to their individual meters. Their contributions are given to assist in the development of alternate energy in Iowa and will be spent to deliver renewable energy into the Corn Belt Power system from which the members’ electric cooperatives receive power.
We’re pleased to offer this option to you, and welcome your participation.
If you have questions, would like to sign up or would like more information about this program, please call our office at 515 -332-1616 or 800-994-3532.
Renewable Energy Form