US first: Tacoma Power’s electrofuels tariff goes into effect from April

Tacoma Power’s new electrofuel tariff will go into effect from 1st April, making Tacoma, Washington the perfect place for the production of green hydrogen.

The new, lower cost tariff – the nation’s first pilot rate – is designed for industrial producers of electrofuels, such as hydrolysers that produce green energy, to take Tacoma Power’s carbon-free electricity and produce hydrogen or hydrogen-rich compounds that can be used to store electricity for later use.

With the approval of this rate in December 2020, Tacoma Power became the first consumer-owned utility in the nation to offer a rate specifically designed to capture the operational and social benefit of this technology.

Under the rate schedule terms, Tacoma Power said it has the option to curtail electricity consumption during times of high market prices or other electrical system need, making it much more affordable to provide power to all customers.

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