Apple is seeking to sell whole different product and it’s a new smart device, but renewable energy according to a report by Ecowatch. The company has built a renewable energy subsidiary in the state of Delaware called Apple Energy LLC that will sell surplus electricity that is generated by their different renewable energy projects.
The documents seen by the PV Tech show that the company has applied to the US Federal Energy Regulatory Commission to sell excess power from the solar panels on top of their headquarters in Cupertino, California. This also goes to the energy generated by their solar farms, biogas facilities and hydroelectric plants across the United States.
This is big news, since most power companies generally distribute and sell surplus energy to power companies, but Apple is basically building a green energy pipeline to consumers. According to PV Tech, if Apple’s application is approved, it will be able to sell electricity directly to their customers, thus eliminating the need for utility power.
This is big news, since most power companies generally distribute and sell surplus energy to power companies, but Apple is basically building a green energy pipeline to consumers. According to PV Tech, if Apple’s application is approved, it will be able to sell electricity directly to their customers, thus eliminating the need for utility power.
In their FERC filing, the tech giant has requested to sell energy at current market rates rather than selling it wholesale since it’s not a major energy company and will not be able to influence electricity prices as PV Tech stated. The Apple blog 9to5Mac thinks that Apple’s FERC filing is following what Green Mountain Power selling renewable energy to consumers. Another guess is that the company’s treading on energy can help the company’s long-rumoured electric car project. Apple has also requested the tariff be given within 60 days of its June 6th filing, thus people have to wait until then.
Perhaps people will call it iEnergy in the future.