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Corporate Social Responsibility
News
7.12.2007 - 02:33pm ET
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Stop & Shop Commits to 100% Renewable Energy at New Kennebunk Store
Sterling Planet Supplies Renewable Energy for Maine Store
(CSRwire) KENNEBUNK, ME- July 12, 2007 – The Stop & Shop Supermarket Company and
Sterling Planet today announced Stop & Shop purchased Sterling Planet's
Green-e certified renewable energy to match 100 percent of its electricity
use at its new store that opened on June 15 in Kennebunk, Maine. Sterling
Planet will annually supply 2,700,000 kilowatt hours of renewable energy
for the Maine store. With this purchase, Stop & Shop will avoid nearly
4,000,000 pounds of carbon dioxide pollution in the next year.
"By choosing clean, renewable energy, Stop & Shop is demonstrating that
it’s possible to consume this energy while supporting clean energy
technologies and domestic electricity, offsetting fossil fuel demand, and
being a good corporate citizen," said Paul Grenier, manager of energy
budgeting and procurement.
Stop & Shop's purchase is in the form of Renewable Energy Certificates
(RECs), also known as green certificates, green tags, or tradable
renewable certificates. RECs represent the environmental attributes of
the power produced from wind, solar and other renewable energy projects
and are sold separately from commodity electricity. Customers can buy RECs
whether or not they have access to green power through their local utility
or a competitive electricity marketer. And they can purchase green
certificates without having to switch electricity suppliers.
"Our Kennebunk store was designed to be energy efficient," said Steve
Krupski, senior vice president for construction at Stop & Shop. "We're
committed to investments which permit us to be community minded and help
to control our bottom line in today’s world of high energy costs,"
Krupski concluded.
"Sterling Planet is pleased to join with Stop & Shop to provide renewable
energy that creates social, economic and environmental benefits," said
Kelly Bennett, Director of Business Development at Sterling Planet. "We
applaud Stop & Shop for its thoughtful commitment to sustainability and
recognition of the all-around value that clean energy represents."
About Stop & Shop: The Stop & Shop Supermarket Company, based in
Quincy, Massachusetts, employs more than 59,000 associates and operates
389 stores throughout Massachusetts, Rhode Island, Connecticut, New
Hampshire, New York, New Jersey and Maine. For more on Stop & Shop, visit
www.stopandshop.com.
About Sterling Planet: Sterling Planet is the leading U.S. retail
provider of solar, wind and other clean, renewable energy through direct
sales and electric utility partnerships. Sales to date represent enough
clean energy to power 1.2 million homes for a year, creating environmental
benefits comparable to not driving nearly 20 million miles in personal
vehicles. Founded in 2000, Sterling Planet was the first company to offer
RECs (Renewable Energy Certificates) to every U.S. home and business as a
way to support sustainable energy production that benefits the
environment, the economy and society in general. Today, Sterling Planet
also markets White Tag™ Energy Efficiency Certificates and has 564 large
commercial and industrial clients nationwide, including 44 utility
partners, 67 government clients and 31 universities. The company also
provides the full range of climate neutral solutions to businesses and
organizations worldwide. www.sterlingplanet.com
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