However the filings suggest Apple may look to go one step further and sell the excess energy directly to consumers, a move that would allow the company to receive marketplace rates for the energy rather than wholesale if it sold the energy back to the grid.
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Apple has created a subsidiary company that will sell excess renewable energy that is generated from the iPhone-makers solar farms in Nevada and California.
Apple has to do something with the electricity it has been generating. Apple has announced plans for 521 megawatts of solar projects globally.
Apple explains in its filings that it meets the legal requirements to sell electricity to consumers at market rates because it isn’t already a major player in the energy business, and therefore doesn’t have enough power to influence energy prices.
Assuming they are successful, the US Federal Energy Regulatory Commission will grant them permission to do so within the next 60 days or so. [Apple Energy LLC] is a DE limited liability company and is a 100% wholly owned subsidiary of Apple Inc.
Hickory Record reports that Apple has just been given the go-ahead to construct a landfill gas energy plant in North Carolina.
Aside from being able to market solar power itself, this also marks an important step as Apple simultaneously work on solar energy breakthroughs. So to be more renewable, Apple has to trade its excess for “net-metered” energy.
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This is all minor stuff until you think that Apple is supposed to be building electric cars soon.
