ENGIE Resources Reaches Renewable Energy Credit Milestone: One Million Passenger Vehicle Emissions Displaced

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Jul 31, 2018, 05:05 ET

HOUSTON, July 31, 2018 /PRNewswire/ -- ENGIE Resources announced today that it has now supplied enough Green-e® certified renewable energy certificates (RECs) to displace the estimated greenhouse gas emissions of more than 1 million passenger vehicles driven for a year. A REC is created when one megawatt-hour (MWh) of electricity is generated and delivered to the electricity grid from a renewable energy resource.

Since ENGIE began offering RECs in 2007, the company has seen considerable growth in its renewable product offerings, which now help commercial, industrial, and institutional customers across the U.S. meet their sustainability commitments.

RECs encourage the development of domestic sources of renewable energy while giving customers a low-risk opportunity to strengthen environmentally responsible brands. Each REC represents the environmental attributes or benefits associated with a specific quantity of energy generated from a renewable source, such as solar or wind.

J.D. Burrows, Vice President of Marketing for ENGIE Resources, said news of the renewable milestone illustrates ENGIE's commitment to the Energy Revolution it launched years ago to offer customers new low-carbon, environmentally sound energy options.

"As a leader in the movement to broaden customer value, ENGIE remains focused on promoting new ways for energy market participants to respond to a range of challenges taking shape today," explained Burrows. "RECs provide a great opportunity for customers to speed progress toward sustainability goals with minimal contract complexity and exposure to price and volume risks."

In addition to displacing the annual greenhouse gas emissions of more than 1 million passenger vehicles driven, ENGIE's supply of RECs is also equivalent to:

1,966,966 tons of waste recycled instead of landfilled
Carbon sequestered by 6,660,345 acres of U.S. forests in one year
189,102,154 incandescent lamps switched to LED

To view a running tally of the positive impact of RECs supplied by ENGIE Resources, click here.

About ENGIE Resources LLC
ENGIE Resources is a subsidiary of ENGIE North America and part of the international energy group ENGIE. As the fourth-largest electricity supplier to non-residential consumers in the United States, we deliver a combination of products and services, highly rated customer service, and financial strength that provides unique and compelling value to our customers. Now offering solar and other renewable energy options, demand response, and on-bill financing, we assure our customers that they can count on us to create effective, customized plans for them. Our in-house energy experts work with customers to understand their operations, tailoring products and services specific to their business and budget. For more about ENGIE Resources, visit www.engieresources.com or call 1-866-999-8374. Follow ENGIE Resources on LinkedIn, Twitter, and Facebook.

ENGIE Resources is part of ENGIE North America, which manages a range of energy businesses in the U.S. and Canada, including electricity generation and cogeneration, retail energy natural gas and electricity sales, in addition to services that help customers run facilities more efficiently and optimize energy use and expense. For more information on ENGIE North America, visit www.engie-na.com or Twitter.

SOURCE ENGIE Resources