Internet search engine and global tech giant, Google Inc., has officially entered the electric utility game, although don’t expect to be writing a monthly check to Google for your electric bill any time soon.
In a unanimous vote the Federal Energy Regulatory Commission (FERC) has approved a request by Google to buy and sell electricity, granting Google “market based rate authority.” But like many new ventures the Mountain View, California-based tech giant embarks on, they don’t exactly know where they’re going with it, or what they’ll do with their newfound authority. But not knowing where things are heading has never stopped Google before.
via Google Electric Co? Search Giant OK’d to Sell Electricity.
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