Corporate partners of the World Resources Institute’s (WRI) Green Power Market Development Group are now buying Sterling Planet’s Green America renewable energy certificates (RECs) in an amount that breaks all prior U.S. records for corporate REC purchases, according to the company.
Over the next several years, Sterling Planet will provide 795 million kWh of RECs from national wind and bioenergy resources to selected members of The Green Power Group, including Alcoa Inc., Delphi Corporation, DuPont, Interface, Pitney Bowes and Staples.
RECs represent the amount of pollution avoided when wind and bioenergy (including landfill gas) generate energy instead of fossil fuels. The amount of RECs in the first year of this history-making purchase represents enough electricity to power 24,000 homes. According to WRI, this purchase also avoids an estimated 450 million pounds of carbon dioxide emissions from electricity generators using conventional nonrenewable sources such as coal and oil. This impact on carbon dioxide emissions is equivalent to taking 39,000 cars off U.S. roads for a year.
“We applaud these members of The Green Power Group for their corporate commitments to purchasing renewable energy,” said Jonathan Lash, WRI President. “We urge other companies to follow their environmental leadership and make similar decisions in the future.”
Sterling Planet, a nationwide renewable energy developer and marketer, points to additional benefits.
“A Green America purchase also benefits local economies in the vicinity of renewable energy-generating facilities, creating more jobs and more tax revenues,” said Mel Jones, Sterling Planet’s President and Chief Executive Officer. “Sterling Planet is pleased to team with these exemplary corporations to make real progress toward a greener America, while demonstrating that choosing environmentally preferable energy can be affordable and cost-effective.”
Sterling Planet (www.SterlingPlanet.com) is a renewable energy provider in business sales and utility partnering. To date, Sterling Planet has sold nearly one billion renewable kilowatt hours, representing enough electricity to power 81,000 average U.S. homes for a full year.