Full Title: Emerging Green Tariffs in U.S. Regulated Electricity Markets
Author(s): Letha Tawney, Priya Barua, Celina Bonugli, Bryn Baker
Publisher(s): World Resources Institute
Publication Date: 05/2017
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Electricity customers—from residential to large industrial—want their energy purchases to increase the total amount of renewable energy currently on the electricity grid. Apart from environmental benefits and reputational advantages, greater use of renewable energy might allow customers to reduce their electricity bills and protect themselves against volatile fossil fuel-based power prices.The Corporate Renewable Energy Buyers’ Principles, representing 48 million megawatthours (MWh) of renewable energy demand per year by 2020, is an example of this emerging trend to buy more renewable energy. As the Principles make clear, such customers want more than just the Renewable Energy Certificates (RECs) that allow them to credibly claim that they are using green power—they also want access to the long-term, fixed-price structure of renewable energy.