Buyers' Principles

The Buyers Principles outline six criteria that would significantly help companies meet their ambitious purchasing goals: It is important to have greater choice in procurement options when selecting energy suppliers and products to meet our business and public goals. Energy Buyers want to be able to directly purchase renewable energy that accuratel... y reflects comprehensive costs and benefits to the system. The appeal of renewable energy sources includes the ability to lock in energy price certainty and avoid fuel price volatility through long and variable term contracts. Access to new projects that reduce emissions including bundled renewable energy products, like energy and Renewable Energy Credits (RECs); the ability to prevent double-counting within the energy consumer community; and sourcing projects near operations and/or closest regional energy grids. Increased access to third-party financing vehicles, as well as standardized and simplified processes, contracts, and financing for projects. Opportunities to collaborate with utilities and regulators to expand our choices to purchase renewable energy.Read More