Renewable Energy

 

REA’s energy resources are become more carbon-free everyday. In fact, 48% of Runestone Electric’s energy portfolio already comes from carbon-free generation sources. As your trusted energy provider, we also realize that renewable energy may be important to you and we are here to find a solution that best fits all our members’ needs. Check out our Fast Facts for more information about REA’s energy sources.

 

Interest in Renewable Energy Comes in Different Forms:

Environmental Impact You may be looking to make a personal impact on your carbon footprint with renewable energy.

 

Financial Gain You may be looking at renewable energy to save money (price certainty) or make money (return on investment).

 

Mechanics You may like to tinker or are interested in how things work, taking a more hands on approach. 

 

Whether you’re interested in one aspect or a mixture, Runestone Electric has an option that can help achieve your interests and goals. Below are the options we have available to you: 

Member-Owned Generation

Runestone Electric Association will help you to interconnect your own electric generation equipment with our system. Your safety and the safety of our employees is of the utmost importance, therefore all interconnection applications are contingent on the equipment and interconnection obtaining certification from a State of Minnesota licensed state electrical inspector. Advanced planning is required and it is highly recommended that you contact us at the beginning of your planning process to assist with your project. We are utilizing Nova Power Portal for the interconnection process of Distributed Energy Resources for our members. Please follow the link below to browse interconnection information, track the status of projects, and learn more about installing your own renewable energy system.

Nova Power Portal

Distributed Energy Resources (DER) Grid Access Fee

Rider for Distributed Generation

For more information, please contact REA.

Financial results may vary.  A typical residential installation may expect a 14-15 year return on investment (ROI) or 7% annual returns.

Community Solar

Community Solar – Phase II REA is pleased to offer our members a simple, convenient and cost-effective way for our members to participate in solar generation. To participate, members must purchase at least 450 kWhs of electricity from REA per year. The cost to purchase the output from one panel for 18 years is $1,080.Purchasing panel output today can be viewed as a hedge against future rate increases. The value of 18-year output from a solar panel varies based on future rate increases.

REA Community Solar – Phase II 20 Year Rate Analysis

 Community Solar Questions & Answers

Phase II Sample License Agreement

Phase I Solar Buyback Schedule

Phase II Solar Buyback Schedule

To sign-up or for more information, please contact the REA office.

Wellspring

Wellspring Wind Energy Runestone Electric Association cares about maintaining a healthy environment for our generation and those to come. Our power supplier Great River Energy is constantly looking for ways to bring you a variety of clean energy options, such as our Wellspring® Renewable Wind Energy program.Wellspring Wind Energy allows our members to ensure the energy they consume comes from a renewable source like the wind. You can purchase a kilowatt-hour (kWh) of wind power by adding only .02¢ to REA’s current electric rate. Wellspring can be purchased in blocks of 100 kWhs using the form below.

Click here to sign up for Wellspring Renewable Wind Energy

Wellspring Solar Energy Runestone Electric Association cares about maintaining a healthy environment for our generation and those to come. Our power supplier Great River Energy is constantly looking for ways to bring you energy options, such as our Wellspring® Renewable Wind and Solar Energy program.Wellspring Solar Energy allows our members to ensure the energy they consume comes from a renewable source like solar. You can purchase a kilowatt-hour (kWh) of solar power by adding 2¢ to REA’s current electric rate. Wellspring can be purchased in block of 100 kWhs using the form below.

Click here to sign up for Wellspring Renewable Solar Energy