| Green Mountain Energy Company Celebrates 10th Anniversary of Electric Competition in Texas |
| Wednesday, 11 January 2012 | |||
|
Company pioneered renewable energy offerings for Texans; enables residents to help change the way power is made
Austin, Texas – January 12, 2012; Austin-based Green Mountain Energy Company is celebrating the 10th anniversary of electric competition in Texas by recognizing its hundreds of thousands of customers who have chosen renewable energy. On January 1, 2002, the state of Texas opened its electricity market to full competition, allowing Texans the ability to choose their electric provider. As the first retail electric provider in the state to offer renewable energy and the longest serving green power provider in the U.S., Green Mountain has led the way in changing the way power is made.
Green Mountain will be celebrating in 2012 with some of its first customers, who were among the earliest supporters of clean energy in Texas. The company will also be marking the anniversary through social media, customer engagement programs and at festivals and events throughout the year.
Over the last 10 years, the Lone Star state has evolved into one of the most successful competitive energy markets in the nation:
Recognizing the exponential growth in the renewable sector over the past decade in Texas, Paul Thomas said, “More and more, consumers are recognizing the critical role that clean energy can play both in the health of the environment and in our state’s economic future.”
When Texas residents and businesses become Green Mountain customers, they help support the renewable energy industry and the development of clean energy sources like wind. Over the past 10 years, Green Mountain and its customers have made a positive impact on the environment and to the Texas economy, including:
Green Mountain continues to have aggressive growth goals, including new market expansion plans and new products and services for both its residential and commercial customers.
About Green Mountain Energy Company Green Mountain, the nation’s leading competitive retail provider of cleaner energy and carbon offset solutions, was founded in 1997 to “change the way power is made.” The company is the longest serving green power marketer in the U.S. Green Mountain offers consumers and businesses the choice of cleaner electricity products from renewable sources, such as wind, as well as a variety of carbon offset products. Green Mountain’s largest customer is the “world’s most famous office building,” the Empire State Building in New York City. Green Mountain customers have collectively helped avoid over 14.8 billion pounds of CO2 emissions. As a wholly owned subsidiary of NRG Energy (NYSE:NRG), Green Mountain is backed by one of the nation’s largest renewable power producers. For more information, visit GreenMountain.com.
# # #
1 PUC Chairman, Donna Nelson – Oct. 2011 speeches to Texas Wind Energy Workforce Summit and Gulf Coast Power Conference 2 EIA Net Generation by State by Type of Producer by Energy Source, Annual Back to 1990. Released Nov. 2011; equivalent based on photovoltaic solar capacity factor of 22.5% (NREL Renewable Energy Databook, Table 3.13) and average solar panel area of 100 sq.ft./kW. COMPETE Coalition (http://www.competecoalition.com/resources/competitive-electricity-markets-drive-renewables-demand-response-conservation-efficiency-a) 4 AWEA Wind Energy Facts, published August, 2011 5 Perryman Group, “Winds of Prosperity” report, May 2010
|