As awareness about volatile energy prices, our energy supply’s impact on national security, and energy consumption’s impact on climate change grows, renewable energy is presenting itself as a strong alternative to nonrenewable fossil fuels. Many members of the US business community have recognized the economic benefits of turning to renewables, as evidenced by the growth of the US EPA’s Green Power Partnership program.
The Green Power Partnership program works with organizations ranging from Fortune 500 companies to government entities and universities. Partner organizations represent national leaders in green power purchasing and purchase green power through (1) Renewable Energy Certificates, (2) on-site generation, and (3) utility green power products.
The US EPA has released its list of top 50 green power purchasers through the Green Power Partnership program. Visit the EPA website to see the full list of organizations.
The Green Power Partnership proves that it is possible for US companies to derive their energy from clean and renewable resources. Washington, DC is the leading community in the US for green power purchasing. In DC, government, institutions, businesses, and individuals purchase 8% of the community’s power from green sources.
Businesses that are interested in purchasing greener power that do not have local access to green power sources can purchase Renewable Energy Certificates (RECs). RECs are credits that represent a certain amount of energy that has been produced from renewable sources. Businesses that purchase RECs receive credit for the green power purchase. The US Department of Energy website explains how RECs work and how they can be acquired.
If you think RECs are too expensive for your organization, think again. In deregulated states, you can lock in a price and add RECs on top, and still save money compared to what you would have been paying otherwise.