Analyses the growth potential of Renewable Energy Credits (Green Tags) in the Green Power marketplace.
The retail market for green power will exceed US$10 billion by 2013, according to a report from Group Veritas. The number of customers purchasing green power is growing at an annualized compound rate of 31% per year over the last four years, one of the fastest-growing markets in the U.S., and as many as one-third of energy companies have green power programs, with some achieving customer participation rates in excess of 12%. Customer adoption rates are exceeding expectations in many markets, accelerating the financing and construction of additional renewables projects; and businesses are attracted to the long term rate stability available with green power, the report explains.
Group Veritas Green Power Report
