Sustainability

Create A Sustainable Future

Choice! Energy Management assists in client’s creation or ongoing management of sustainability goals and objectives. Choice! is able to provide EnergyStar reporting through Choice! Data Connect, assist with Renewable Energy Credit (REC) procurement, and aiding the evaluation of onsite renewable solutions where applicable. Knowing the renewable market landscape, and identifying the most advantageous path to sustainability by individual market area is key to keeping costs down while meeting the client’s sustainability goals.

Purchase Renewable Energy Credits (RECs)

  • Easy & inexpensive
  • Pure cost – no impact on actual consumption & no ability to offset consumption or demand
  • Choice! Energy Management Value:
    • Conduct a competitive RFP to identify the most price competitive retail REC suppliers
    • Position Report: Tracks the % green per facility over the course of a REC

 Distributed Solar

  • Tangible asset with a visible goodwill
  • Integrated installation with electric vehicle charging station
  • Geographical limitations that typically is structured as a long-term lease
  • Choice! Energy Management Value:
    • Review of the PPA to ensure commercially reasonable terms and conditions
    • Evaluate long term commodity forecasts to ensure a valid payback period estimate on capital expense

Power Purchase Agreement with a Renewable Resource – Co-located

  • Right to off take from a tangible asset
  • Site and geographical limitations
  • Choice! Energy Management Value:
    • Negotiate PPA to ensure commercially advantageous terms and conditions
    • Evaluate long term commodity forecasts to ensure a valid payback period estimate on capital expense

Power Purchase Agreement with a Renewable Resource – NOT Co-located

  • Becoming popular for large-scale solar and wind installations
  • No geographical limitations, structured as pure financial transaction not tied to a specific supplier
  • Choice! Energy Management Value:
    • Negotiate PPA to ensure commercially advantageous terms and conditions
    • Evaluate long term commodity forecasts to ensure a valid payback period estimate on capital expense
    • Advise of complex possibly cross-continental sustainability solution

Consider the possibility to virtually aggregate load for all regulated and deregulated locations to leverage entire portfolio when designing a strategy for sustainability goal achievement.

Carbon Offsets

  • Carbon offsets allow companies to compensate for emissions by supporting a sustainability project that reduced an equivalent amount of greenhouse gas elsewhere. One carbon offset is equal to one metric ton (2205 lbs.) of carbon equivalent emissions.

Power Purchase Agreements (PPAs)

  • A PPA is a direct contract between two parties: One which generates renewable electricity and one which is looking to purchase renewable electricity.
  • Some suppliers offer long term, fixed rate pricing on direct renewable PPAs.

Renewable Energy Certificates (RECs)

  • RECs are created for each megawatt-hour (MWh) of renewable electricity (wind, solar, etc.) generated and delivered to the power grid. RECs are the primary tool used by organizations making a renewable energy or green power claim.

BEF Water Restoration Certificates® (BEF WRCs)

  • BEF WRCs provide organizations with an incentive to support projects that implement more efficient water management solutions thereby restoring water to critically dewatered ecosystems. One BEF WRC is the equivalent of restoring 1,000 gallons of water.

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