"When I look at the future, energy costs may grow as much as twice as fast as our anticipated store and club growth," Duke said. "Finding cleaner and more affordable energy is important to our every day low cost business model and that makes it important to our customers' pocketbooks. Our leadership in this area is something our customers can feel good about because the result is a cleaner environment. And savings we can pass on to them."Already today, over the term of its power purchase agreements (PPAs), the renewable energy Walmart buys either meets or beats non-renewable power prices. In 2012 alone, Walmart added nearly 100 renewable energy projects, bringing the total number of projects in operation worldwide to nearly 300 today. According to the Solar Energy Industry Association, it has more solar power capacity and number of systems than any other company in America. Walmart has also been cited by the U.S. Environmental Protection Agency (EPA) as America's leading user of onsite renewables, using more onsite renewable power than any other company in the U.S. These new commitments will further strengthen Walmart's leadership position and make a strong statement about the viability and affordability of renewable energy.
Walmart Announces New Commitments To Dramatically Increase Energy Efficiency And Renewables
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