In the news: Whole Foods switching to all wind power in U.S. Ironically, Whole Foods has switched to wind power without actually using wind power in its stores. How? By buying wind energy credits.
Whole Foods Market Inc. is going all green on electricity.
The company is buying enough wind power credits to cover energy use at all of its U.S. stores, bakeries, distribution centers, regional offices and its Austin headquarters.
Here's the kicker:
When the program started in 2000, Green Choice customers paid 1.7 cents per kilowatt hour, compared with 1.64 cents for regular fuel charges, said Ed Clark of Austin Energy. Even though it was more expensive at the time, buying a green power 10-year contract ends up being more cost-effective for companies. With the latest round of pricing Green Choice customers pay 3.5 cents per kilowatt hour compared with 3.63 for normal fuel charges.
Yep, wind contracts are cheaper than normal fuel charges.
