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HomeMy WebLinkAboutORD 2008-04 - Board #UCKEE # Ordinance No. 2008 - 04 ESTABLISH A RATE FOR THE VOLUNTARY RENEWABLE ENERGY CERTIFICATE PROGRAM WHEREAS, in an effort to help District residential and commercial customers to reduce their individual environmental impact, the Board of Directors took action to participate in a voluntary Green Renewable Energy Certificate Program; and WHEREAS, Renewable Energy Credits (RECs) also called "Green Tags" represent the environmental benefits that occur when clean, new renewable energy is substituted for power that is produced by burning fossil fuel; and WHEREAS, the Board of Directors directed staff to pursue the voluntary Green Renewable Energy Certificate Program with Bonneville Environmental Foundation to provide an accounting of the number of Green Tags purchased and the certification; and WHEREAS,on February 6,2008,a public hearing was held to receive comments from the public concerning the voluntary rate; and WHEREAS,the Board of Directors has set the cost to participate in the program would be$0.02 per kilowatt hour(kWh) usage; and WHEREAS,the$0.02 per kWh usage rate includes all labor with overheads plus the cost to purchase Green Tags. NOW,THEREFORE, BE IT ENACTED by the Board of Directors of the Truckee Donner Public Utility District as follows: 1. This ordinance shall be effective sixty(60)days after adoption by the Board of Directors of the District. 2. The Clerk of the District shall immediately cause a copy of this ordinance to be published in a newspaper of general circulation and posted in three places within the District. PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public Utility District at a meeting duly called and held within the District on the sixth day of February 2008 by the following roll call vote: AYES: Directors Aguera, Hemig, Sutton and Thomason NOES: None ABSENT: Director Taylor TRUCKEE DONNER PU UTILITY DISTRICT By v s Tim F. Taylor, Presidedof the Board ATTEST: Michael D. Holley, Clerk of the Board