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Poll: 75% of Large U.S. Corporations Say They Will Buy Renewables Within 18 Months

Monday, June 27, 2016
Scott Merrell

According to a recent poll, 72% of large corporations are actively pursuing renewable energy purchases, with over 75% of those companies stating an attractive ROI as a reason for the purchases.

Nearly three out of four of America’s largest corporations intend to purchase renewable energy within the next 18 months, based on the results of a survey released by professional services firm PricewaterhouseCoopers (PwC) on June 22.

The poll, Corporate Renewable Energy Procurement, was administered with the support and facilitation of ACORE, a national nonprofit organization dedicating to advancing the renewable energy sector; and of the Rocky Mountain Institute’s Business Renewables Center (BRC), a collaborative platform that comprises more than 120 corporate buyers, project developers and intermediaries.

And nearly 60 percent of those contacted are members of either ACORE or BRC, or both –with most spending more on energy than $100 million per year.

Among the respondents, PwC reports, 71 percent already have purchased renewables – and 85 percent of those who have made past purchases are actively pursuing additional acquisitions.

Read the rest at EnergyManagerToday.com

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