Wal-Mart reached an agreement to purchase 100% of the power generated by a new wind farm in Texas. A collection of 360 Texas stores and distribution centers will use the electricity, providing about 15% of the power for those locations. The current economic environment and the lowering of energy costs in recent months have somewhat slowed the expansion of similar projects throughout the country, but Wal-Mart says they remain 100 % committed to its renewable energy goal.
No matter what your previous feelings are towards one the world's largest retail company, Wal-Mart's decision to go after renewable energy has implications on your household monthly bill. As a participant in an hourly pricing electricity supply program, you are already relative experts as compared to your neighbors (although you should get them to sign up!). Following the prices, shows you that they tend to be substantially lower during holidays and on weekends. This is because many businesses, including commercial retail companies on holidays, are closed. The demand for power throughout the region drops, and the prices reflect that change.
Obviously 360 stores in Texas won't do much to the prices in Illinois, but if other companies begin to find the financial incentive to go after renewable energy then the prices in your home could see a noticeable change.
To read more check out Hank Green's article at EcoGeek.
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