Commercial and industrial consumers worldwide are proactively, voluntarily, and consciously attempting to increase their share of renewable energy consumption. This is a result of internal pressures (for example, from shareholders) as well as external factors such as government policies that mandate them to procure renewable energy, increasing grid tariffs, and so on. This has resulted in companies worldwide entering into specific agreements with utilities for “green tariffs,” which are based on long-term contracting between utilities, corporate consumers, and renewable energy producers.
This report was developed under the notion that now is a strategic time to explore the possibility of using green tariffs for Indian corporate consumers, in view of their potential benefits for electricity distribution companies. This report aims to explore utility-offered renewable energy tariffs in India, a relatively new and underdeveloped topic in the Indian energy sector. It highlights the key principles that could serve to guide the development of green tariffs in India, based on a study of the literature worldwide, as well as on an analysis of the Indian scenario and the interviews conducted.