Green Mountain Offers Rate Lock Plan

July 23, 2002 [] Green Mountain Energy Company is now signing up customers for its new contract-based Reliable Rate Plan and will soon begin an aggressive marketing campaign targeting customers who want to lock in the per kilowatt hour (kWh) rate they pay for electricity. Under the Green Mountain Energy Reliable Rate Plan, with a one-year service contract Texas customers will be able to lock in a per kilowatt-hour electric rate for 12 months. These customers will not be subject to price fluctuations and uncertainty. The company will continue to offer its standard pricing plan in addition to this new plan. Both plans feature Green Mountain Energy electricity, which in Texas is currently 100 percent pollution-free wind power.
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