Green Mountain Energy Co. expands into commercial market in Texas

Austin, TX, May 12, 2003 — Green Mountain Energy Co. is expanding its operations into Texas’ commercial and industrial market.

The company has begun enrolling businesses for Green Mountain Energy® electricity service that is designed to be less expensive and less polluting. To launch the new offer, the company also announced that it has signed up three Whole Earth Provision stores in Dallas and Houston for Green Mountain Energy® electricity.

Green Mountain Energy Company will offer businesses electricity that is less polluting than what most Texans are buying today in TXU, Reliant, TNMP and CP&L territories. The company has been offering cleaner electricity to residential customers in Texas since the Electric Choice pilot program began in 2001.

The move into the commercial market segment is a result of the success the company has experienced in Texas to date, as well as the significant business opportunity. According to the 2000 Annual Update of Generating Electric Utility Data, the market size for commercial and industrial customers is 73,000 GWh.

“Texans are enthusiastically embracing cleaner electricity. We will build on our success and experience as we offer both less-polluting electricity and cost savings for many businesses in the Lone Star State. This is another example of the strength of the electric market in Texas and our commitment to doing business here in the state,” said John Savage, president of the Texas region for Green Mountain Energy Company.

Savage added, “Our cleaner electricity product, coupled with the lower rates we are offering to many Texas businesses, makes choosing Green Mountain Energy® electricity an extremely compelling proposition.”

Whole Earth Provision Company is among the businesses taking advantage of Green Mountain Energy Company’s new offer, enrolling three of its stores in Dallas in Houston for cleaner electricity service.

Businesses have three options when signing up for Green Mountain Energy electricity service. The Green Mountain Energy Commercial Month-to-Month plan; the Green Mountain Energy Commercial Reliable Rate plan, which secures rates for a full year of service; and the Green Mountain Energy Commercial 100% Wind Plan.

The first two options are both designed to offer cost savings and include an electricity product made from a combination of natural gas and wind. The third option features 100 percent pollution-free electricity made from wind that costs just a little more than most businesses are paying now.

By purchasing Green Mountain Energy electricity on the Commercial Month-to-Month or Reliable Rate Plans for a year, a small Texas business using 3,750 kWhs of electricity each month can avoid contributing nearly 7,000 pounds of carbon dioxide (CO2) into the air. To avoid that much CO2, an employee would have to not drive their car 142 miles each workweek.

About Green Mountain Energy Company

Founded in 1997 to “change the way power is made,” Green Mountain Energy Company (www.greenmountain.com ) sells cleaner electricity generated from sources such as wind, solar, water, geothermal, biomass and natural gas to residential, business, institutional and governmental customers. More than half a million customers in California, New Jersey, New York, Ohio, Oregon, Pennsylvania and Texas have chosen Green Mountain Energy® electricity, which is dramatically less-polluting than typical system power in those states. The company is based in Austin, Texas.

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