GreenSwitch energy is sold in blocks. One block is equal to 100 kilowatt-hours (kWh) and each block costs $2.80. Customers must purchase a minimum of one block (equals 100 kWh) to participate in the GreenSwitch program.
Additional GreenSwitch Information
|How will I be billed?||GreenSwitch will be listed on your City of Loveland utility bill as an additional line item.|
|How will my electricity be calculated?||You will be charged the standard residential rate plus $2.80 for every 100 kWh GreenSwitch block you purchase. A per/kWh payment-in-lieu-of-taxes charge will be added to your monthly bill.*|
|How much will my total electricity service cost, including utility charges?||
Your bill will vary based on your use of electricity and the number of GreenSwitch blocks you purchase. For example, if you use a monthly average of 700 kWh, plus one block of GreenSwitch energy, you will be charged as follows:
|Will my electric rates change over time?||
Rates may change each year as the cost to purchase renewable energy sources change. Rate changes take effect January 1 each year; subscriptions are given prior notice to change subscription levels prior to rate increase.
The existing rate structure for GreenSwitch is guaranteed through the end of each year.
|What fuel sources will be used to generate my power?||Please see the GreenSwitch Product Content Label.|
|If I want to terminate this agreement/ contract, will I have to pay a penalty?||
No fee will be assessed to terminate the GreenSwitch subscription.
|What length of agreement/ contract is required?||Loveland Water and Power requests a one year agreement when agreeing to purchase GreenSwitch; a 30-day termination period is required.|
* See page 1 of the 2017 Water and Power Department Schedule of Rates, Charges and Fees (Residential Rate Jan. June, Oct.-Dec.)
** See page 12 of the 2017 Water and Power Department Schedule of Rates, Charges and Fees
This program is subject to the availability of renewable energy from Platte River Power Authority. The supply may be limited. GreenSwitch is also subject to the terms and conditions listed in the Renewable Energy Premium Schedule of Rates, Charges and Fees [PDF] (see page 13).
Rate changes will be listed on the GreenSwitch web pages and in Loveland Water and Power's Renewable Energy Premium Schedule of Rates, Charges and Fees [PDF] (see page 13).
For questions about GreenSwitch, please contact Loveland Water and Power at 970-962-3000 or by email.
GreenSwitch is Green-e Energy certified, and meets the environmental and consumer-protection standards set forth by the nonprofit Center for Resource Solutions. Learn more at www.green-e.org.