Friday, October 5, 2007

Green-Back

I used to always think that going green (i.e. to adopt more environmentally friendly processes in business) on the part of retailers was a branding or a corporate philosophy thing. But an article here talks about a CA based organic food retailer United Natural Foods making it into a revenue generating proposition. UNF has a distribution warehouse where they have installed a solar power generating unit generating 1.5 million kilo-watts of electricity in a year. The unit not only generates power for the facility's needs but trades excess power to the state electricity supplier for which it gets credit. Add to that other tax incentives that they might get because of their green energy policy.

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