Fast, Free Green: The Best Way to Buy Renewable Energy Now!March 18, 2021
Sustainability and energy managers, the pressure is on from Management, The Board, Investors, and Consumers to reduce your organization’s carbon footprint and get green fast. But most companies really don’t know how to do this or where to start.
Want to be your organization’s biggest problem solver? What if you could green all or part of your company’s energy portfolio quickly, easily, and for free? Here’s how.
Buy renewable energy certificates – RECs – as part of your regular energy procurement. But don’t just go to market and pay for RECs out of pocket. Get strategic! When you use an auction-based energy procurement process, you gain the advantages of technology, heightened competition, and price discovery. All of which makes buying RECs fast, efficient, and extremely cost effective.
Even better, RECs are available right now. While many companies are pondering on-site renewable energy projects, such as the addition of solar panels or a solar array, or entering into long-term power purchase agreements, these initiatives can take years! That’s o.k. With RECs you can be as green as you want to be – 100%, 75%, 50% – in a matter of days and within your budget, whether as your primary sustainability strategy or as a green bridge to an eventual PPA.
How is this possible? First, by bundling the purchase of RECs into your regular energy procurement via a live, online auction, you get suppliers of energy and RECs bidding against each other, driving down prices. With Transparent energy’s auction-based strategic energy procurement process, customers save a minimum of 7-8% on energy vs. traditional procurement processes.
That 7-8% savings alone is often enough to purchase the RECs you need to green your energy purchase! Additionally, in the heat of battle, energy suppliers are often willing to discount RECs to win your business – in some cases even offering them gratis in return for your contract. But if you don’t pit them against each other in a 100% transparent, online auction process, you’ll never gain this advantage!
Additionally, there is an excellent variety of RECs available to you that are easy to buy and independently certified. Here are four RECs you can buy today anywhere in the country:
- National certified wind: $2.00/REC
- National certified “any source”: $2.00/REC
- National hydro: $1.00/REC
- National pumped hydro storage: $0.75/REC
Note: 1 REC = 1 MWH of energy from renewable sources
These attractively priced RECs paired with a strategic energy procurement process featuring online auctions are available now to help you achieve your green goals in 2021 and beyond.
Going green – for free – has never been so easy.
For more information on purchasing RECs to green your energy portfolio and reduce your carbon footprint, contact Jonathan Le, Transparent Energy, at firstname.lastname@example.org.
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