NewPower boosts small commercial marketing activity in Texas, Georgia, Ohio and Pennsylvania

PURCHASE, N.Y., Oct. 30, 2001 – The New Power Companyà¢â€ž- today announced that it is significantly enhancing its electricity and natural gas marketing efforts to small businesses in Texas (HL&P, TXU), Georgia (AGL), Pennsylvania (CPA) and Ohio (COH and DEO).

Spearheading NewPower’s business offers is Susan L.Z. Bryant, Vice President of Small Commercial Marketing. Bryant recently joined NewPower from Exelon Energy, where she was responsible for the results of Exelon’s Chicago and Columbus operations. Prior to that, she was Vice President of Marketing and Sales, where she led the organization’s marketing, product management, sales and channel management strategies. Before joining the energy industry, Bryant spent over 15 years in various marketing and operational roles in the telecommunications industry with AT&T.

“Our decision to extend our marketing efforts is based on the positive response we received to our initial small business offerings,” said Bryant. ” In NewPower’s target electricity markets small businesses currently pay tiered rates based on their kilowatt-hour usage patterns, and gas utilities traditionally adjust their customer prices every quarter. NewPower will guarantee to both gas and electric customers a competitive, fixed rate regardless of energy usage. That’s price protection and certainty, which is especially attractive for the upcoming winter months,” said Bryant.

Small businesses that sign up for the small business plans by the end of November will receive a guaranteed rate. Those located in the HL&P and TXU markets will also be reimbursed for the NewPower portion of their bill for the next two Decembers. Small businesses can call 1-800-290-3265 for eligibility and rates as well as other available offers.

About NewPower Holdings, Inc.

NewPower Holdings, Inc. (NYSE: NPW – news), through its subsidiary, The New Power Company, www.newpower.com, is the first national provider of electricity and natural gas to residential and small commercial customers in the United States. The Company offers consumers in restructured retail energy markets competitive energy prices, pricing choices, improved customer service and other innovative products, services and incentives.

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