Seattle Startup LevelTen Raises $6.8 Million To Ease Renewable Energy Purchasing

Seattle Startup LevelTen Raises $6.8 Million To Ease Renewable Energy Purchasing

The Seattle startup LevelTen Energy has raised $6.8 million from investors for a dynamic two-sided marketplace that helps corporations purchase clean power, GeekWire reported. The platform could make it easier for smaller corporations to buy solar, wind, and other kinds of renewable energy. LevelTen Energy, … Read more…

Expert: Yes, You Can Have a Successful Energy Procurement Strategy

Expert: Yes, You Can Have a Successful Energy Procurement Strategy

Corporate renewable energy purchases used to be driven primarily by sustainability goals — “it’s the right thing to do” — rather than cost. Now many companies, including Fortune 500 ones, are looking to renewable energy as a way to reduce their energy costs, according to … Read more…

ERC Price Benchmarks, Week Ending 5/26/17

ERC Price Benchmarks, Week Ending 5/26/17

    For the third week in a row, Energy Research Council’s (ERC) national average benchmark price for electricity rose, this time by 0.82% to $0.0760 per kilowatt hour.  Prices increased most in the District of Columbia (2.2%), Texas (1.7%), Massachusetts (1.6%), Ohio (1.3%), Connecticut … Read more…

Energy-as-a-Service Reduces Expenses: Q&A w/Citigroup’s Steven Avadek

Energy-as-a-Service Reduces Expenses: Q&A w/Citigroup’s Steven Avadek

Citigroup’s real estate portfolio covers millions of square feet in 160 countries. The investment banking and financial services corporation’s locations aren’t set in stone, though. “We’re constantly moving,” says Steven Avadek, director and global head of sustainability for Citi Realty Services at Citigroup. As a … Read more…

HB 187 in Louisiana Would Mandate Payment of ‘Outstanding’ Solar Energy Tax Credits

HB 187 in Louisiana Would Mandate Payment of ‘Outstanding’ Solar Energy Tax Credits

The Louisiana State Committee on Ways and Means moved on May 1 to fix one of its “broken promises” by unanimously passing a bill to pay solar energy systems tax credits still owed before the legislature put a cap on the program last June.

By Going Green, New York Agencies Save $20M

By Going Green, New York Agencies Save $20M

New York Governor Andrew Cuomo (D) announced on April 28 that green policies at state agencies have saved taxpayers $19.6 million in the first five years of his administration. In addition, the state has introduced green purchasing specifications during Cuomo’s term in office.

Microsoft Seals Deal with Puget Sound Energy to Buy Carbon-Neutral Power at Wholesale Prices

Microsoft Seals Deal with Puget Sound Energy to Buy Carbon-Neutral Power at Wholesale Prices

Puget Sound Energy that will enable the software giant to buy its own power directly from the open market at wholesale prices. The accord is subject to the approval of the Washington Utilities and Transportation Commission in the coming weeks, the Puget Sound Business Journal reported on April 13.

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