Seven NEW Green-e Certified "Green Tag" Products
Increase Business & Consumer Choice
September 19, 2003
Green-e Certified TRC's Now Available from 15 Providers
San Francisco, CA -- The Center for Resource Solutions (CRS) announced today that six new suppliers have earned Green-e certification for their Tradable Renewable Certificate (TRC) products. Green Mountain Energy, Big Green Energy, EAD Environmental, Wind Current, Mainstay Energy, and People's Power and Light join a list of 15 marketers now selling Green-e certified TRCs. Another company, Sterling Planet, has also expanded its TRC services to include commercial customers.
The diversity of suppliers now offering TRC products reflects the growth of the green power market and acceptance of 'green tags' as an innovative and cost effective way to serve both residential and commercial customers. In 2002, the first year that certified certificates were offered in the marketplace, Green-e certified and verified 144 million kilowatt hours of TRC transactions. The number of Green-e certified TRC products has nearly tripled in 2003, and the Center predicts exponential growth in TRC transactions as this new market gains momentum.
TRCs (or "Green Tags") are created when a renewable energy facility generates electricity. Each certificate represents the attributes or benefits of 100% new renewable generation and is sold separately from the electricity. When a customer buys a TRC product, they buy the environmental benefit of displacing non-renewable power sources such as oil, gas and nuclear from the national grid.
"Through the purchase of TRC's consumers help reduce our nation's dependence on fossil fuels to produce electricity, and contribute to the reduction of harmful air pollutants," said Gabe Petlin, Green-e Program Manager for CRS. "Green-e certification means corporate, government and residential customers who buy TRC products can be confident they are receiving the environmental benefits of green power as well as helping to expand the market for clean renewable energy."
Renewable energy or "green power" is only available to 40% of U.S. electricity users through competitive power markets and utility green pricing programs. TRCs make it possible for all electricity users to support renewable energy, regardless of whether their state is deregulating its energy markets. The seven new Green-e certified TRC products are helping to bring new renewable energy plants online in New England, the Mid Atlantic, the Midwest, and through the western US. The new certified products include:
· EAD Environmental offering RECertificates, a 100% wind energy certificate product for commercial markets nationwide. Custom blends are available from New England and Mid Atlantic renewables. www.eadenvironmental.com
· People's Power and Light offers New England Wind, supporting 100% New England wind energy available to all New England customers. www.newenglandwind.org
· Sterling Planet expanded service to national commercial markets with Green America- Commercial, a 100% renewable certificate product. www.sterlingplanet.com
· WindCurrent offers Chesapeake WindCurrent, supporting 100% Mid Atlantic wind energy and available for all Mid Atlantic customers. Website under development.
· Big Green Energy, part of Biomass Gas & Electric, offers GeoVerde Energy supporting100% eligible biomass resources and available to commercial customers nationwide. www.biggreenenergy.com
· Mainstay Energy offers Fossil Free, supporting small-scale renewables from nationwide locations for commercial and residential customers. www.mainstayenergy.com
· Green Mountain Energy Company offers TRCs supporting wind and landfill gas for commercial customers nationwide and commercial blends depending on the customer's needs. www.greenmountain.com
"The addition of 7 new Green-e certified TRC products is a huge benefit to institutions and businesses who are interested in supporting renewable energy and gaining recognition through programs like the EPA Green Power Partnership. An increase in the number of certified TRC products gives companies more sound options," said Kurt Johnson, Director of EPA Green Power Partnership. The EPA Green Power Partnership encourages organizations to use green power as a part of a best-practices environmental management and public recognition program. (To learn more about EPA Green Power Partnership, visit its website www.epa.gov/greenpower.)
To earn Green-e certification, TRC products must originate from 100% new renewable facilities that generate energy from the sun, the wind, the heat of the Earth, low-impact hydropower, biogas, or biofuels. Providers of certified products undergo an annual verification process audit to document that the company purchased enough quantity and type of renewable certificates to meet customer demand and marketing claims. Providers also agree to abide by the Green-e Code of Conduct, and submit marketing materials to CRS to meet Green-e disclosure and truth-in-advertising requirements.
About Green-e
Launched in 1997, Green-e Energy is the leading voluntary certification and verification program that sets standards for renewable electricity-based products in three markets for renewable energy: restructured, regulated, and tradable renewable certificates (TRCs). Green-e certifies 52 products offered by 93 marketers and utilities. Certified products may display the Green-e logo, which helps customers easily identify environmentally preferable, renewable-based energy products. Visit www.green-e.org, or call 888.63.GREEN
About Center for Resource Solutions
The Center for Resource Solutions (CRS) makes it easier for families and businesses to understand and use renewable energy that benefits the environment. CRS sponsors national and international programs that support the increased supply and use of renewable energy resources such as wind, solar, biomass, geothermal and low-impact hydroelectric power. To learn more about CRS, visit its website www.resource-solutions.org
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