Select Energy Adds Green Power Choices

Select Energy, the competitive energy marketing and services arm of Northeast Utilities, has expanded its portfolio of energy commodities to now include environmentally-friendly power choices for business and institutional customers in the northeastern U.S.

Berlin, Connecticut – August 14, 2002 [] The company announced an agreement with the General Services Administration and Community Energy Inc. for the GSA’s Binghamton, New York Federal Building to be powered entirely by wind power. Community Energy is supplying the wind energy wholesale from the 30 MW Fenner wind farm in upstate New York. Select Energy is currently providing over 10 MW of electricity per year for various GSA facilities throughout the state of New York, under a 3-year contract that runs through May 2005. “Customers are taking advantage of energy deregulation and going beyond short-term cost-saving opportunities. Energy purchases can now reflect an organization’s longer-term strategic goals and values,” said Stephen J. Fabiani, vice president of retail sales and marketing for Select Energy. “At Select Energy, we continue to build and expand our portfolio of energy supply options in order to help our business and institutional customers achieve what’s important to them.” Fabiani noted that discussions for Renewable Energy supply alternatives are currently under way with other key customers and aggregation groups in the company’s 11-state market. Wind energy is a zero-emission fuel source that is generally more expensive than other energy options. The Binghamton Federal Building wind purchase will annually offset approximately 772,000 pounds of carbon dioxide, a leading cause of global warming. The emission reductions are equivalent to planting over 52,000 trees each year. (NYSE: NU)


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