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Green-e Energy Certifies Exelon Energy Company's Renewable Energy Certificates

Green-e Energy Certifies Exelon Energy Company's Renewable Energy Certificates

Published 08-04-08

Submitted by Center for Resource Solutions

SAN FRANCISCO, CA. - August 4, 2008 - The Center for Resource Solutions announced today that Exelon Energy can now sell Green-e Energy Certified renewable energy certificates (RECs). Exelon Energy joins the growing network of renewable energy providers that offer products certified by Green-e Energy, the nation’s leading certification and verification program for renewable energy.

"We are very pleased to announce that Exelon will participate in Green-e Energy by offering a certified renewable energy option," said Andrew Nourafshan, Green-e Program Analyst. "Exelon Energy Company's customized REC solutions will serve to make it even easier for businesses and institutions nationwide to reduce the environmental impact of the electricity they use."

Exelon Energy can now offer Green-e Energy Certified RECs to commercial and industrial customers, adding to a flexible suite of existing renewable energy products. By purchasing Exelon Energy Company RECs, businesses will support currently available renewable resources as well as aid the development of new renewable resources to be built in the U.S.

Exelon Energy Vice President Sheree Petrone said, "We're excited about being able to offer our customers Green-e Energy Certified renewable energy certificates. This certification is another important step forward in helping Exelon's customers reduce greenhouse gas emissions associated with their energy use, a key component of our recently announced Exelon 2020 plan."

The Exelon 2020 plan sets a goal of reducing, offsetting, or displacing more than 15 million metric tons of greenhouse gas emissions (in carbon dioxide-equivalent terms) per year by 2020, the equivalent to taking nearly three million cars off American roads and highways, according to Exelon. A key component of the Exelon 2020 plan is helping customers reduce their greenhouse gas emissions through products like the Green-e Energy Certified renewable energy certificates.

Green-e Energy is the leading renewable energy certification and verification program in the U.S., with over 190 participating vendors selling nearly 10 million MWhs of renewable energy in 2006. The program provides independent, third-party certification to ensure certified renewable energy meets strict environmental and consumer protection standards.

Providers of Green-e Energy Certified renewable energy agree to abide by the Green-e Energy Code of Conduct and meet strict disclosure and truth-in-advertising requirements. All marketers of Green-e Energy Certified products undergo an annual verification audit to document that the company purchased and/or generated enough quantity and type of renewable energy to meet customer demand and marketing claims.

The Green-e logo, the national symbol for renewable energy excellence, enables a growing number of consumers to easily identify high quality, certified renewable energy options, as well as everyday consumer products that are produced by companies that use renewable energy in their operations.

About Exelon Energy
Exelon Energy is a retail energy marketer specializing in the supply of natural gas and electricity to commercial and industrial customers since 1998. Exelon Energy currently markets electricity to customers in Illinois and natural gas and renewable energy products to customers in Illinois, Michigan, and Ohio. Exelon Energy's parent company, Exelon Corporation, is one of the nation's largest energy companies with approximately 5.4 million customers and approximately $19 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation capacity. www.exeloncorp.com

About Green-e Energy
Green-e is the nation's leading independent consumer protection program for the sale of renewable energy and greenhouse gas reductions in the retail market. Green-e offers certification and verification of renewable energy and greenhouse gas mitigation products through Green-e Energy, a renewable energy certification program; Green-e Climate, a greenhouse gas emission reduction certification program; and Green-e Marketplace, program that licenses the Green-e logo for organizations that purchase or generate sufficient quantities of renewable energy. To learn more about Green-e certified products and programs available in all 50 states, visit www.green-e.org.

About Center for Resource Solutions
Green-e is a program of Center for Resource Solutions (CRS), a San Francisco"“based nonprofit with a global impact. CRS brings forth expert responses to pertinent climate change issues with the speed and effectiveness necessary to provide real-time solutions to ongoing environmental problems. CRS' leadership through collaboration and environmental innovation builds policies and consumer protection mechanisms that foster healthy and sustained growth in national and international markets for environmental solutions to climate change including renewable energy and energy efficiency. www.resource-solutions.org

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Center for Resource Solutions

Center for Resource Solutions

The Center for Resource Solutions (CRS) is a national nonprofit with global impact. CRS brings forth expert responses to climate change issues with the speed and effectiveness necessary to provide real-time solutions. Our leadership through collaboration and environmental innovation builds policies and consumer-protection mechanisms in renewable energy, greenhouse gas reductions, and energy efficiency that foster healthy and sustained growth in national and international markets.

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