How Are We Doing?

How Are We Doing?

It’s a good question—especially when it comes to renewable energy. In 2018, renewable energy accounted for approximately 10  percent of NHEC’s energy purchases. That continues our upward trend toward an ambitious goal, but it’s still a task that requires working together.

Presently NHEC has contracts with a number of suppliers providing almost all of its RECs needs. These suppliers include 3 wind power projects, 3 hydroelectric facilities, a generator using methane gas from a landfill in Rochester, and over 1,000 Member-owned solar installations. We are also creating RECs and power from the 2 megawatt NHEC Moultonborough Solar Project, which went online in late 2017.

When exploring the purchase of renewable energy, the Co-op Board and staff have a resource procurement approach aimed meeting the Co-op’s requirements while striving to maintain competitive costs. NHEC does this by carefully evaluating and comparing available resources before buying, staggering contract term lengths, contracting with multiple suppliers, and weighing generation ownership vs. purchased power contracts.