Leading national companies in North Carolina want more choice and competition when it comes to energy, including where it comes from and who they buy it from. That’s the message recently delivered to the North Carolina legislature in a letter signed by 10 corporate giants in the state.
The list of companies calling for action is impressive, including:
- Some of the country’s largest retailers – Walmart, Lowes, Target, Family Dollar, and Macy’s
- Major manufacturers – Volvo, textile giant VF, Unilever, and New Belgium Brewing
- Agriculture commodities giant Cargill
North Carolina’s current law prohibits companies from contracting with energy providers other than utilities. It’s easy to understand how that law squashes consumer choice and competition.
The 10 companies want the ability to buy clean, renewable electricity directly from providers other than utilities like Duke Energy and Dominion. Greater choice in the North Carolina electricity market would provide a wide range of benefits. For example, companies and homeowners would be able to lease rooftop solar panels from clean energy providers at little to no upfront cost and lock in long-term, stable electricity rates. Read More