|Portland General Electric and Florida Power & Light Rank on National Green Power Top 10 List|
Green Mountain Energy Company Helps Both Utilities Make DOE Rankings
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Austin, TX — April 20, 2005 — Portland General Electric (PGE) and Florida Power & Light Company (FPL) have both earned top 10 rankings for their green power programs, surpassing hundreds of utilities throughout the country. The 2004 Top 10 list of utility green pricing programs was released recently by the U.S Department of Energy's (DOE) National Renewable Energy Laboratory's (NREL).
PGE is headquartered in Portland, Ore., and FPL is based in Juno Beach, Fla. Green Mountain Energy Company, the nation's largest retail provider of cleaner electricity, is the renewable power supplier and marketer for both programs.
According to the national rankings, PGE is second in green power sales volume and third for total number of customers purchasing renewable power. And, for the first time, PGE made NREL's Top 10 list for customer participation rate, which measures the percentage of the utility's customers purchasing renewable energy, ranking eighth.
Additionally, FPL made the top 10 NREL list for its Sunshine Energy® program, less than one year after launching the program. FPL landed the number 10 spot for total number of customers purchasing renewable power.
Under green pricing programs, consumers can choose to help support additional electricity production from renewable resources such as solar, wind, biomass and geothermal. More than 500 utilities in 33 states now offer these programs. Using information provided by utilities, NREL develops Top 10 rankings of utility programs in the following categories: total sales of renewable energy to program participants, total number of customer participants, customer participation rate, and the lowest price premium charged for a green pricing service using new renewable resources.
"Customer participation in utility green power programs continues to grow across the country," said Lori Bird, senior energy analyst at NREL. "These utilities are the national leaders."
Since choosing Green Mountain Energy Company as the supplier and marketer of two of its three renewable options in December 2001, PGE's renewable power program has continued to grow every year.
"PGE was an early supporter of renewable power for our customers, dating back to 1999," said Thor Hinckley, PGE's renewable power manager. "Our customers' response has exceeded our expectations every year, and we look forward to more growth and more renewable products for them in the future."
With a total of 10,674 residential customers enrolled in Sunshine Energy at the end of 2004, FPL earned the 10th ranking on the NREL list. FPL's Sunshine Energy program was voluntarily launched to FPL's 3.6 million residential customers in February 2004, and quickly became the fastest growing green pricing program in the southeast within six months. The program is now the largest in the southeast.
"We are pleased that customer participation in Sunshine Energy is off to such a good start in just the first year," said Jack Rose program manager for FPL's Sunshine Energy program. "We thank our customers for their support of renewable energy for Florida and the nation."
"It is very rewarding to contribute to the success of many of the industry's best green power programs," said John Savage, senior vice president of marketing for Green Mountain Energy Company. We applaud FPL, and PGE for their commitment in supporting renewable program and we are pleased that by working with these two utilities, we have helped make their "green pricing" programs two of the leading utility programs in the country."
NREL is a leader in the U.S. Department of Energy's (DOE) effort to secure an energy future for the nation that is environmentally and economically sustainable.
About Green Mountain Energy Company
Founded in 1997 to "change the way power is made", Green Mountain Energy Company offers residential, business, institutional and governmental customers the choice to support cleaner electricity generated from sources such as wind, solar, water, geothermal, biomass and natural gas. Due to Green Mountain Energy Company's efforts, about 600,000 customers nationwide are purchasing electricity that is significantly less polluting than typical system power. The company is based in Austin, Texas.
NREL is a national laboratory managed by Midwest Research Institute, Battelle and Bechtel. The lab is a leading center for research into photovoltaics, wind energy, plant- and waste-derived fuels and chemicals, energy-efficient buildings, advanced vehicle design, geothermal energy and hydrogen fuel cells.
PGE is a recognized leader in the utility industry with more than a century of experience delivering safe and reliable electricity. PGE serves more than 765,000 retail customers in northwest Oregon. The company supports the community through a variety of innovative philanthropic, volunteer and environmental stewardship efforts. More information on PGE renewable energy products is available online for residential customers, small- to mid-sized business customers and large commercial customers.
Florida Power & Light Company is the principal subsidiary of FPL Group, Inc. (NYSE: FPL), nationally known as a high quality, efficient and customer-driven organization focused on energy-related products and services. With annual revenues of more than $9 billion and a growing presence in 26 states, FPL Group is widely recognized as one of the country's premier power companies. Florida Power & Light Company serves more than 4.2 million customer accounts in Florida. FPL Energy, LLC, FPL Group's wholesale electricity generating subsidiary is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at www.FPL.com, www.FPLGroup.com and www.FPLEnergy.com.
Green Mountain Energy® and the Green Mountain Energy logo are registered service marks of Green Mountain Energy Company. All other names and trademarks are the property of their respective owners.
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