Washington Electric Co-op
WEC provides access to electric power and energy-related products and services for area residents and its communities, through a consumer-owned and locally-controlled cooperative business. It was one of two utilities in Vermont that was able to completely divest of energy coming from the Vermont Yankee Nuclear Plant. WEC had a mission to now invest in renewable energy as a key part of its portfolio, but needed help.
BCK assisted WEC in structuring a landfill gas to energy project with a private owner of the largest landfill in Vermont. WEC sought to do so without exposing its core business and consumers to any environmental liability for landfill operations.
BCK helped create a special affiliate, Coventry Clean Energy, to act as the developer of the landfill gas-fired generating plant. WEC buys electricity from the project that has played a vital role in stabilizing rates. BCK also helped WEC gain control of the renewable energy certificates created by the project; these “RECs” have been sold into other New England markets for the benefit of WEC ratepayers.