Conserving Power To Become More Lucrative
PITTSBURGH (AP) – Universities, industries and government agencies will soon receive bigger financial rewards for conserving electricity.
The Pittsburgh Tribune- Review reported Sunday that the regional power management group PJM plans to boost payments to organizations that voluntarily conserve as coal-fired power plants close over the next several years.
Maximum payouts are expected to increase by 33 percent by 2017.
PJM Vice President Stu Bresler says the more customers reduce or shift their demand, the less need there will be for building new plants.
Stricter federal environmental laws are resulting in closures or planned closures of some Pennsylvania coal plants. Two of them – one in Greene County and one in Washington County – will cut 10 percent of PJM’s generating capacity, which takes in all or parts of 13 states.