German consumers find electricity savings and environmental choice at their post office

WASHINGTON, D.C., May 9, 2002 — What can you get at a local post office? For German consumers, 5,000 postal outlets provide a convenient place where they can order their electricity, even choosing between “green” or conventional nuclear and fossil fuel power.

Over 50,000 consumers have signed electricity supply contracts at their postal outlets in the first six months of a program offered by Deutsche Post World Net, operator of Germany’s postal system.

So far, roughly 15,000 consumers – almost one in three signing contracts under the program – are opting for “green” power. Green producers market advantages such as how switching to green power can reduce CO2 emissions annually by two tons per household, or the equivalent of driving a car 6,200 miles.

Moreover, the two suppliers of “green” electricity marketing through Deutsche Post outlets are price competitive with electricity produced from fossil or nuclear energy.

The German electricity market was deregulated as part of a continental liberalization in early 1998. Last fall, five electricity supply companies partnered with Deutsche Post on the marketing program at postal outlets. Three are suppliers of conventional nuclear or oil- or coal-fired power; two are suppliers of so-called “green” power.

One of the green brokers, Lichtblick of Hamburg, sells power from wind, solar, and hydro sources as well from biomass fuels and highly energy efficient, natural gas-fired co-generation that produces electricity and steam the latter sold for industrial use. Unit(e) of Bad Homburg near Frankfurt, sells 100 percent zero greenhouse emission electricity from solar sources, wind farms and water based generation.

Deutsche Post offers consumers two alternatives to their local electric utility: one producer of conventional power, and one green supplier, both from the list of five partner utilities. (Consumers have more choices on the open market, but the one-stop shopping aspect of the Deutsche Post program simplifies the process.)

Pricing from Deutsche Post’s partners tends to be lower than the average regional pricing of local utilities, and there is no requirement to sign long-term contracts. For Deutsche Post, the program is another innovative, value-added service for customers that helps maintain the viability of local postal outlets across the network.

Deutsche Post World Net is one of the largest logistics companies in the world, with 300,000 employees worldwide, including over 16,000 in North America, and revenues of more than $30 billion in 2001. The group includes Deutsche Post, DHL Worldwide Express, Danzas and Postbank and provides international mail, parcel, express and logistics services.

Deutsche Post World Net is a member of the DAX 30, making it one of the 30 top stocks in Germany.


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