The Bonneville Environmental Foundation (BEF), the Regional Development Corporation (RDC) and the Coalition for Clean Affordable Energy (CCAE) have partnered to create Green Energy New Mexico, a program designed to enable individuals and businesses to support the development of renewable energy through the sale of renewable energy certificates (RECs) also called “Green Tags”. BEF will set aside twenty percent of the gross revenues generated from New Mexico Green Tags sales in a reinvestment fund. These funds will be committed to supporting the development of new renewable energy projects in New Mexico.The ultimate goal of Green Energy NM is to increase the number of renewable energy resources in New Mexico. 

Each Green Tag offsets the carbon impact from 1000 kWh of conventionally produced electricity or 1500 miles traveled in the average American automobile. Each BEF Green Tag is Green-e® climate certified, the nation's leading independent certification and verification program for renewable energy and greenhouse gas emission reductions in the retail market. Green Tags represent power from renewable energy projects that are independently reviewed and endorsed by leading environmental groups. The projects are carefully sited and operated to minimize local environmental impacts.

Where does the money go? 12 % to admin & fundraising through grant writing and 88 % to programs. For each program dollar spent 72% goes to Green Tags (REC supply, REC Sales, REC Partner Programs) Project Management Group (S4RS), watersheds, large and small renewable energy investments in projects. The remaining 19% carries forward to "savings" to be used in a future year (possibly for program expenses) and 9% administration.

Visit our website www.GreenEnergyNM.org to offset your utility use, auto and air travel with our Green Tag calculatator.

Bonneville Environmental Foundation (BEF): BEF, located in Portland, Oregon, was founded in 1998 to support watershed restoration programs and develop new sources of renewable energy. BEF markets green power products to public utilities, businesses, government agencies and individuals. A non-profit organization, BEF reinvests all net revenue from the sale of Green Tags in the next generation of new renewable energy projects. It is the ONLY non-profit seller of green tags in the United States. All others are for-profit.

 

Coalition for Clean Affordable Energy (CCAE): The CCAE, a coalition of eleven environmental organizations, was formed in Santa Fe in 1997 to combat electricity deregulation in New Mexico. The coalition currently advocates rigorously for clean energy at both the Legislature and Public Regulation Commission. Each member group of the CCAE provides a representative who works directly with the formulation of the Coalition's positions, reports back to their group, and helps the Coalition advocate these positions. Member groups also provide technical assistance of various kinds, ranging from public outreach to legal services to technical analysis.

 

Regional Development Corporation (RDC): The RDC, located in Santa Fe, is an economic development organization focusing on economic development initiatives in New Mexico. RDC was incorporated in 1996 as a 501(c)(3), nonprofit economic development organization to serve as the Department of Energy (DOE), Los Alamos Site, “Community Reuse Organization” (CRO). In the years hence, RDC has progressively diversified its funding base and project focus. As a result, RDC currently has several initiatives, ranging from small business support projects to clean energy initiatives.