Fifty thousand electricity customers will receive power from renewable energy facilities, under an agreement between Green Mountain Energy Company and PECO Energy Company.
PHILADELPHIA, Pennsylvania – The agreement will allow Green Mountain Energy to serve randomly assigned PECO customers who have not yet selected a competitive energy services provider. The assignment process will include electricity customers in Philadelphia, Bucks, Chester, Delaware and Montgomery Counties. The agreement must be approval by the Pennsylvania Public Utility Commission (PUC) in January, and the supplier could begin serving the new customers by April 2001. “To our knowledge, this agreement is the first of its kind in the nation involving a green electricity provider and a major utility company,” says Clifton Payne, president of the Mid-Atlantic Region for Green Mountain Energy. “As a result, we believe more energy customers in Philadelphia and its suburbs will be purchasing cleaner electricity products than in any other metropolitan area in the country.” The PUC ordered PECO to shed some of its customers as a condition of the utility’s restructuring plan, a process known as ‘competitive default service.’ The agreement with Green Mountain Energy supplements a deal reached last month between PECO and another competitive supplier for the assignment of 299,000 customers. Under the terms of the agreement with PECO, Green Mountain Energy’s offer is between 1 and 2 percent less than the PECO price to compare, depending on the residential customer rate class. Additionally, 100 percent of the electricity product to be sold to Philadelphia residential customers by Green Mountain Energy will include power from renewable energy generation facilities. The process of generating electricity produces more air pollution than any other industry, explains Payne. The Texas company uses wind turbines and other green power sources to reduce the environmental impact of conventional power systems. “We’re excited to welcome these new customers to Green Mountain Energy,” adds Payne. “These customers will not only enjoy outstanding value and reliable service, but they will also be helping us fulfill our mission of changing the way power is made in Pennsylvania.” The Green Mountain Energy(SM) brand is offered to electricity customers in Pennsylvania and California. Customer demand has promoted the company to develop new renewable generation facilities in the state which include Pennsylvania’s largest solar facility in Conshohocken, and the Green Mountain Wind Farm in Garrett. That facility is the largest wind farm in the state and one of the largest on the east coast.