The Federal Energy Regulatory Commission (FERC) on Thursday said Apple could sell its power at market-based rates. Based on the order, Apple’s subsidiary Apple Energy may sell energy, capacity and other services needed to maintain reliable power.
Last year, Apple acquired a 2,900-acre power facility in Monterey County for $848 million, giving it 130 megawatts of solar energy capacity. According to the tech firm, renewable energy generated at the site could power all its stores, offices, headquarters, a data center, and 60,000 California homes.
Some experts beg to differ with the quoted capacity, saying energy generated daily from solar farms are very inconsistent and depend on a lot of variables, including the amount of sunlight for the day.
Energy officials noted that Apple owns a similar 20-megawatt facility in Nevada, as well as a 50-megawatt facility in Arizona.