Sterling Planet and Con Edison to offer renewable energy options

Mount Arlington, N.J., Nov. 9, 2005 — GreenShift Corp. announced that Sterling Planet Inc., a retail renewable energy provider through the sourcing and sale of renewable energy certificates (RECs) and a GreenShift portfolio company, executed an agreement with Consolidated Edison (Con Edison) Co. of New York to provide renewable energy options to Con Edison customers in its service area.

This is a new way to support clean energy from electricity generators in New York State that use wind, water and bioenergy to create electricity. Con Edison is a regulated utility that serves an area that includes New York City (except for a small area of Queens), and most of Westchester County.

For $5 per month and up, residential and nonresidential customers alike can opt for cleaner renewable electricity from New York State sources. Customers can choose how green they want to go – buying enough to cover the electricity use of a small, medium or large house or apartment.

The new Sterling Planet initiative is called NY Clean Choice and consists of 40% new wind, 30% small hydro and 30% bioenergy. The bioenergy component is from landfill gas, the natural byproduct of organic decay. The three options or purchase levels are as follows:

NY Clean Choice is now available to all who live in the Con Edison service area, including those who do not have a Con Edison account number because their electricity costs are bundled with other utility or rental costs. Sterling Planet will charge a slight premium for service.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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