As technologies improve, market options increase, and costs decrease, more retailers are developing renewable energy strategies. No longer a strategy dominated by companies deploying onsite rooftop installations, renewable energy procurement is becoming a strategic cost saving approach.
RILA and its program partners are working to Develop Implementation Models, Educate the Industry, and Spur Adoption of Implementation Models by providing the following resources:
The RILA-ITI Corporate Clean Energy Procurement Index: State Leadership & Rankings
was created to guide members of the Retail Industry Leaders Association (RILA) and Information Technology Industry Council (ITI) and others in their efforts to boost renewable energy usage across their operations in the United States. It is intended to assist policymakers and large renewable energy buyers in advancing policies that help, not hinder, renewable energy development, and help large renewable energy buyers to select states in which they may make renewables investments.
- Implementation Model Case Study
- Regency Centers partnered with Trader Joe's to install a 253 KW solar photovoltaic system that offsets more than 65% of the store's energy use, at no installation or maintenance cost to Trader Joe's.
- Whole Foods Market drew on lessons learned from past ad hoc rooftop solar installations to develop a roll-out plan for around 100 new systems covering 25% of stores and warehouses. Developing standardized lease language with landlords was a key enabler.
- The Home Depot needed a low cost solution to meet its renewable and alternative energy targets. The retailer leveraged financing options like Power Purchase Agreements (PPAs) and community solar. In 2016, Home Depot procured a total of 972 megawatt-hours (MWh) of renewable electricity from fuel cells, solar panels, offsite wind, and community solar and has committed to even more.
- Guide - Review the primers below which together compose the Renewable Energy Guide to learn more about procurement options, key considerations, and the policy context currently surrouding retail options for renewable energy.
Onsite Power Purchase Agreements (PPAs)
- A renewable energy contract between a project developer (likely backed by a fnancial counterparty) and a retailer. PPAs provide retailers with the ability to oﬀset on-site electricity consumption, potentially reduce Scope 2 carbon emissions, and provide a long-term hedge and/or savings opportunity against future electricity prices. Prepared by Schneider Electric.
Onsite Owned Systems
- Renewable energy developed or purchased by a company who is also responsible for operation and maintenance (O&M) of the system. Owned, onsite systems provide retailers with the ability to offset onsite grid electricity consumption, potentially reduce Scope 2 carbon emissions, and provide a long-term hedge and/or savings opportunity against future grid prices. Prepared by Schneider Electric.
Collaborative Renewables Sourcing
- Allows retailers to take advantage of PPAs they might not be able to otherwise through strategies like aggregation, joint tenancy or reselling.