Rankings Of Corporate Clean Energy Procurement Includes Two Non-Choice States In Top 5
March 12,2020
A new Corporate Clean Energy Procurement Index (State Leadership & Rankings) published by the Retail Industry Leaders Association (RILA), includes only four states with unencumbered retail electric choice in its top 10 rankings
The index is said to, "rank[] all 50 U.S. states based on the ease with which America’s most recognizable brands can procure state-level renewable energy for their operations."
The overall 2020 Corporate Clean Energy Procurement Index lists the following top 10 (with Texas at #11):
Corporate Clean Energy Procurement Index
Rank State Score
1 Illinois 73.67
2 New Mexico 69.68
3 Massachusetts 69.43
4 Nevada 67.94
5 New Jersey 66.04
6 California 64.92
7 Oregon 64.58
8 Virginia 64.39
9 Utah 62.89
10 New York 61.05
11 Texas 59.85
Pennsylvania is ranked #23.
The rankings are based on a variety of components noted below. Some of the states in the top 10 receive credit for "partial" retail choice, but such states include various barriers to viable retail choice for even large C&Is, including exit fees, choice load caps, and eligibility restrictions
Notwithstanding the relative lack of full retail choice states in the top 10, the report from RILA states, "The availability of retail choice is a critical factor for a state’s attractiveness to corporate and other large institutional buyers of RE. States that wish to gain the job creation and economic development benefits of corporate RE-powered facilities should encourage their policymakers and regulators to enable customer choice. Nonetheless, companies in some fully regulated states, such as New Mexico and Nevada, have successfully worked with utilities to create notable corporate RE deployments."
Concerning Texas, the report states, "Texas’ success is driven by the availability of retail choice, which is a critical factor for a state’s attractiveness to corporate and other large institutional buyers of RE. Notably, 12 of the top 15 states receive full or partial credit for C&I retail choice, while the remaining three (New Mexico, Nevada, and Iowa) have robust utility purchasing options."
The index considers the following components:
Utility Purchasing Options & Market Structure
• Green Tariff/Direct Utility Purchase Deployment
• Green Power Purchase Option
• Retail Choice (including the existence of C&I
retail choice and allowance of green tariff
offerings)
• Market Structure (including the presence of a
Renewable Portfolio Standard and RTO/ISO
participation)