Apple and Google believe electricity is the biggest cost; Eliminate electric bills

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Most people think of Apple as a company that makes phones, computers and smart watches – not an energy provider. But in August all of that changed when the firm was given permission to sell energy from a Californian solar farm that it acquired last year.

Apple has invested in renewable energy before and says it ultimately wants all of its operations to be powered by 100% renewable sources. It’s not alone in such efforts, either. Online retailer Amazon just announced the construction of a new, 253-megawatt wind farm in West Texas. Google, meanwhile, has invested in the Ivanpah Solar Electric Generating System pictured above, and it recently joined forces with the company SunPower to provide solar panels to home-owners. Why are tech companies so interested in renewables?

“For these big corporations, electricity is one of their biggest costs,” says Ash Sharma, a solar energy analyst at IHS Technology. “Locking that in at a low price is really critical for them.”

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