CRMC GOES GREEN WITH RENEWABLE ENERGY CERTIFICATES – 03/01/2012
March 1, 2012 – Harris, N.Y. – Catskill Regional Medical Center (CRMC) recently announced that it has entered into a contract with Constellation Energy (NYSE: CEG) to purchase Renewable Energy Certificates (RECs) to match 10 percent of its electricity use from December 2012 through December 2014. Additionally, based on its current energy consumption, the new contract will save the hospital an estimated $87,000 per year.
The RECs supplied by Constellation Energy are Green-e Energy Certified and sourced from wind energy facilities located throughout the United States. Throughout the term of the contract, 10 percent of the electricity CRMC uses will be matched with RECs. Each REC represents the positive environmental attributes of 1 megawatt hour (MWh) of electricity generated by a renewable power plant, and is retired on behalf of customers wishing to promote their environmental commitment. Through the purchase of RECs, CRMC and Constellation Energy are supporting the operation and development of facilities that generate clean, renewable energy.
“CRMC believes in quality – not only when it comes to patient care, but also when it comes to our environment,” said Fred Kuriger, CRMC’s CEO. “Just as we work to advance patient care in our community, we will do our part to enhance our air quality and energy efficiency in an effort to reduce pollution and waste. CRMC is an environmentally responsible organization, and we will continue to work toward a better, cleaner environment.”
Constellation Energy (www.constellation.com) is a leading competitive supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. It owns a diversified fleet of generating units, totaling approximately 12,000 megawatts of generating capacity, and is a leading advocate for clean, environmentally sustainable energy sources, such as solar power and nuclear energy. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $13.8 billion in 2011.