Apple likely to sell surplus power from its solar farms

It could also use the surplus power for its charging stations. Plus, it also plans on expanding its solar farms for this purpose. The pieces of the long rumoured Apple car is slowly falling in places.

Apple has quite the surprise up its sleeve: its latest product is something that you will not immediately associate with the company: solar energy.

Apple has created a new subsidiary called iSolar iEnergy Apple Energy LLC which will sell the surplus electricity generated at its solar farms in Nevada. As mentioned by The Verge, as per Cupertino’s latest environmental responsibility report 93% of its total worldwide consumption is met by solar energy.

Furthermore, it plans on capitalizing on this reusable source of fuel by using the electricity in its charging stations. It will expand its solar farms for this very purpose. All this goes only to strengthen the long rumors of the Apple car.

According to an Apple filing with the Federal Energy Regulatory Commission, Apple could legally sell energy at market rates. It will not attract antitrust competition rules since it isn’t a big energy company nor is it in a position to significantly influence the market price of electricity.

While the result of this filing could end up in Apple selling power directly to business owners or to homes, most corporations typically sell surplus power mostly to companies.

The filing date of this application is June 6. Apple has requested FERC for permission to begin the LLC’s operation 60 days from its filing, so we will soon know what Apple does with its surplus power.

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