Are the Feds at war with green power development? You might have thought so, if you had sat through the conference held March 15, 2011, at the Federal Energy Regulatory Commission, where the...
A New Solid South
Where Entergy leads, will Wal-Mart follow?
important, just listen to the response from the region's (and the world's) largest commercial retailer.
Wal-Mart Comes Calling
No one has more to lose from high energy prices that retail behemoth Wal-Mart. The company is one of the largest consumers of electricity in the nation's 50 states. Last year, for example, Wal-Mart spent over $1 billion on electricity nationwide, and expects the costs to continue to rise in 2004 and beyond at a rate significantly in excess of its building space growth rate.
In papers filed with the state PSC, Wal-Mart argues that a "properly structured" retail access plan in Arkansas can offer lower-cost power for large electric users, plus gains in generating efficiency and improvements to "overall business productivity and competitiveness."
Wal-Mart draws on its own direct experience for these conclusions, as the company says it already participates in competitive electric markets in various parts of the country. Certainly, if Wal-Mart can see the benefits of competition, than so can most other industrial and commercial customers.