Herman K. Trabish, Utility Dive
May 4, 2017
Summary
Utilities are rolling out more sophisticated green tariffs to satisfy corporate sustainability goals. Can they prevent key accounts from defecting to independent suppliers?
Corporations are hungry for green energy — nearly half of Fortune 500 companies have climate or renewable power goals, according to a recent report.
Utilities know they must satisfy this growing demand or risk losing business to independent renewable energy developers. To do so, many are designing innovative rate designs — labeled green tariffs — to provide wind and solar power to corporations like Facebook, Yahoo and Amazon.
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