Google, one of the largest companies around the world, is also moving into renewable energy. In fact, it’s one of the leaders in the renewable energy sector, spending over $1 billion on its 1.7 megawatt solar facility on its Mountain View campus, power purchase agreements (PPAs), and renewable energy credits (RECs).
Now Google is telling the utilities to get their acts together.
Google’s message is this: If Google, a non-utility can invest so much time and effort in renewable energy, what more the utilities, which are focused on supplying energy?
But Google did not just leave the utilities hanging, but proposed a solution: create a new type of tariff for customers who want to buy renewable energy. Google acknowledges that the tariffs are going to be costlier for now, but it is confident that companies will seek more stable, reliable renewable energy in the long term over fossil fuels.
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