Renewable Power Direct – RPD® was founded in 2014 to transform the way green power is sold to the business market. It is a FERC licensed wholesale electricity provider and focuses on selling power to large consumers, primarily commercial and Industrial (C&I) customers.
RPD tailors its power contracts to cover varying size loads (typically from 3 to 25 MW) and provides flexible terms ( generally from 3 to 10 years). The company also sells blocks of renewable electricity to retail electricity providers to support their own green power programs.
RPD’s business is based on an innovative new electricity supply chain that is backed by Tenaska Power Services, which is an affiliate of one of America’s largest privately owned power companies. As shown in the following schematic, RPD sources its electricity directly from renewable generators and arranges for delivery of the energy over existing transmission lines. Tenaska provides credit support and power scheduling services. This approach allows RPD’s customers to bypass the traditional utility model for buying green power as well as today’s default clean energy option, stand alone Renewable Energy Certificates (RECs).
RPD’s wholesale purchase model and independent supply chain directly links green power users and producers. That gives customers a clear contract path to the green power they purchase. And it ensures that the majority of a customer’s electricity spend goes to renewable generators rather than REC marketers and existing grid-based power suppliers, which typically include coal-fired generators.