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Managing a Business

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Green Power and Renewable Energy

After addressing energy-efficiency opportunities available in your facility, you may also want to consider renewable energy. Renewable energy refers to electricity supplied from energy sources, such as wind, solar, geothermal, hydro, and biomass. These energy sources are considered renewable sources because they are continuously replenished.

Electricity that is generated from renewable energy sources is often referred to as "green power." Green power products can include electricity generated exclusively from renewable resources or, more frequently, electricity produced from a combination of fossil and renewable resources.

If interested in installing renewable energy equipment in your facility, incentives may be available in your state to "buy down" the cost. To learn more about incentives visit the Financing Energy Efficiency Projects page.

Of course, not every small business can install renewable energy technology at their facility. Fortunately you can buy green power for your facility directly from many utilities at a slightly higher cost than regular electricity. If your utility does not offer green power options you can still participate by purchasing renewable energy certificates. Renewable energy certificates (or green tags) document the purchase of renewable energy.

Additional Resources

Check out the following links for additional information on renewable energy and green power:

DOE EERE: Green Power Network

EPA: Clean Energy

DOE's Energy Efficiency and Renewable Energy (EERE) Office
National Renewable Energy Laboratory: Learning About Renewable Energy

National Renewable Energy Laboratory: Renewable Energy Project Finance

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