Constellation Energy, a supplier of power, natural gas and energy products and services, has entered into an agreement with Eastern Bank, a commercial bank, to deliver over 30 million kWh of electricity to the bank’s five corporate centers and 94 branches for three years.
The electricity delivered will be made 100% green through renewable energy certificates (RECs) offered by Constellation Energy. The project represents Eastern Bank’s commitment to protect the environment by using 100% green energy.
Constellation Energy offers several green products to its customers, including renewable energy certificates and solar and load response options. The RECs delivered to the bank are sourced from wind energy and Green-e Energy Certified. They offer financial incentive to renewable energy developers to construct solar, wind and other renewable energy sources. An REC is developed for 1 MWh of renewable electricity, which is supplied to the electric grid and each REC is used only once.
Thomas Dunn, Eastern Bank’s Senior Vice President and General Services Director, stated that in addition to offering green energy to their offices, Constellation Energy also assists them in their initiatives to protect the environment. The bank is committed to promoting sustainable eco-friendly business practices and encouraging its employees, clients and the community to implement green practices in their lives, concluded Dunn.
Taylor Consulting, a company offering regulated utility consulting and deregulated energy procurement services, has brokered the green energy purchase alliance between Eastern Bank and Constellation Energy.
Source: http://www.constellation.com/