NEW YORK, NY, Jan. 23, 2004 — ConEdison Solutions and Community Energy, Inc. today announced that The Durst Organization — one of New York City’s most prominent commercial real estate owners — has become New York State’s largest commercial customer of wind power.
The company is making an annual purchase of approximately 10.5 million kilowatt-hours of clean and renewable “Green Power,” which consists of NewWind Energy®, a product of Community Energy, Inc., for its 7.5-million-square-foot portfolio of seven high-rise office buildings in Manhattan.
NewWind Energy® is supplied from the 30-megawatt Fenner Wind Power Project, located east of Syracuse in Madison County.
“Green Power” is clean, renewable energy generated in New York State that is now available to all residential, commercial, industrial and government energy users in New York City, as well as Westchester, Rockland, and Orange counties.
The New York State Energy Research and Development Authority (NYSERDA), a state agency, supports the “Green Power” initiative by providing funding for marketing support.
Peter R. Smith, acting president of NYSERDA, JoAnn F. Ryan, president and CEO of ConEdison Solutions, Brent Alderfer, president and CEO of Community Energy, Inc., and Jane Kenny, US Environmental Protection Agency Regional Administrator joined The Durst Organization co-presidents Jody and Douglas Durst in making the announcement at a ceremony today at 4 Times Square, a 48-story, environmentally advanced office building owned and operated by The Durst Organization.
Flanked by two rotating, ten-foot-tall windmills, event participants staged a symbolic “apple-lighting” ceremony by throwing a switch that illuminated a glowing, five-foot-wide “Green Apple” in the lobby of 4 Times Square, also known as the Conde Nast building.
“By tapping renewable energy, companies like The Durst Organization are protecting our environment and promoting conservation,” said JoAnn F. Ryan, president and CEO of ConEdison Solutions. “Produced right here in New York State, ‘Green Power’ is helping make New York cleaner and greener.”
ConEdison Solutions, a leading energy services company, partners with Community Energy Inc., a leading marketer of pollution-free, wind-generated electricity, to bring “Green Power” to the New York City area. Wind has become the world’s fastest-growing renewable energy source.
“Wind energy means electricity with no pollution and no fuel,” said Brent Alderfer, president and CEO of Community Energy. “The Durst Organization and other NewWind Energy® customers are the leaders- their purchases are bringing this new home-based energy source on line in New York at a time when energy independence and security has never been more important.”
“Reducing dependence on fossil fuels and creating a cleaner, more healthful environment for all New Yorkers are integral parts of our corporate mission,” said Douglas Durst, co-president of The Durst Organization. “Having worked hard to make 4 Times Square the world’s most environmentally sophisticated urban office building, we are proud to support the ‘Green Power’ program by applying this clean energy throughout our 7.5-million-square-foot office portfolio.”
The Durst Organization’s wind power purchase represents ten percent of the total energy consumed in the company’s New York properties.
“New York State is committed to the expanded use of renewable energy as a matter of public policy,” said NYSERDA acting president Peter R. Smith. “Thanks to Governor Pataki’s leadership, businesses and consumers statewide today have many new opportunities to take advantage of ‘Green Power.'”
“Green Power” used by commercial users consists entirely of NewWind Energy®. Residential “Green Power” users also tap into hydropower generated by small, environmentally friendly hydro facilities in New York.
“By purchasing renewable, pollution-free wind power,” said US Environmental Protection Agency Regional Administrator Jane Kenny, “The Durst Organization is cutting annual air emissions of sulfur dioxide and nitrogen oxides — which are precursors to smog — by more than 32,000 pounds and 12,000 pounds, respectively. More importantly, The Durst Organization will inspire other companies to switch to ‘Green Energy.'”
In addition to The Durst Organization, event participants recognized a number of corporations and organizations in the New York area as “Green Power Pioneers” that now use NewWind Energy®.
The “Green Power pioneers” included: The Pocantico Conference Center of the Rockefeller Brothers Fund, the U.S. Environmental Protection Agency – Region II Headquarters, The Brooklyn Brewery, the Ford Foundation, MetLife, The United Nations – Senior Executive Residence, 1400 On Fifth, Walton Street Capital, Community Housing Innovations, Pace University, St. John Associates, Bank Street College, U.S. SSA, and Pep Boys.
Collectively, these pioneer “Green Power” customers purchase the output of more than 6 of the 1.5 megawatt windmills at the Fenner Wind Power Project. These purchases together deliver an environmental benefit equivalent to the planting of more than two million trees or reducing automobile usage by 27 million miles.
Event organizers said that the small extra cost of using pollution-free electricity is far outweighed by the benefits to the environment, expanded energy security and the improved quality of life. For residential customers, “Green Power” costs approximately one half cent more per kilowatt-hour than the ConEdison Solutions standard offer. For a typical residential customer using 350 kilowatt-hours of electricity per month, the additional cost roughly equals $1.75 more per month than standard electricity rates.
“Green Power” users do not need to re-wire or purchase special equipment. Business or residential customers can sign up by calling 1-888-320-8991, or on-line at www.conedisonsolutions.com. Event sponsors said that as more customers sign up for “Green Power,” more wind farms would be brought on-line in New York.
ConEdison Solutions, one of the leading energy service companies, provides a wide range of energy procurement and management services that help commercial, industrial, government and residential customers gain maximum advantage from today’s competitive energy marketplace.
ConEdison Solutions is a subsidiary and registered trademark of Consolidated Edison, Inc. (NYSE: ED). More information can be obtained by calling 1-888-210-8899 or by visiting the ConEdison Solutions web site at www.ConEdisonSolutions.com. Visit the Consolidated Edison, Inc. web site at www.conedison.com for information on all Consolidated Edison companies.
Community Energy, Inc. is a leading marketer/developer of wind-generated electricity, under the NewWind Energy® brand. With support from NYSERDA, Community Energy is opening up clean energy choice in New York State directly and in partnership with utility and competitive electric suppliers, offering NewWind Energy® from the 30-megawatt Fenner Wind Power Project, owned and operated by Enel North America, Inc. Community Energy customers include fifteen of the twenty largest purchasers of wind-generated electricity in the nation. CEI has helped bring four new wind farms on line in the mid-Atlantic region, with more on the way as a result of emerging customer demand. More information is available at www.CommunityEnergy.biz.
The Durst Organization, founded in 1915, is one of New York’s oldest and largest privately owned real estate firms, with an office building portfolio comprising more than 7.5 million square feet. Its 1.6-million-square-foot flagship tower at 4 Times Square helped spark the rejuvenation of Times Square in the mid-1990s. The firm is widely recognized as a leader in “green” development, and recently co-sponsored, with the U.S. Department of Energy and other groups, a green development exhibition at the National Building Museum in Washington, D.C.
The New York State Energy Research and Development Authority is a public benefit corporation created in 1975 by the New York State Legislature. NYSERDA has successfully developed and brought into use more than 140 innovative, energy-efficient, and environmentally beneficial products, processes, and services. NYSERDA also administers the New York Energy $martSM program, which assists the State’s businesses and consumers in implementing energy efficiency measures.