July 29, 2008

Green Mountain Energy Company’s Response to Florida Public Service Commission Vote to End FPL Sunshine Energy(R) Program

The Florida Public Service Commission voted today to terminate the tariff for Florida Power & Light Company's Sunshine Energy program.

Green Mountain Energy Company released the following statement in response to the Commission's action: Please attribute the statement to Paul Markovich, senior vice president, Green Mountain Energy Company.

"We are disappointed the Commission voted today to end FPL's very successful Sunshine Energy renewable energy program. Green Mountain Energy Company helped FPL grow Sunshine Energy to one of the Top Ten utility green power programs in the U.S., out of more than 800 such programs*.

"Sunshine Energy provided tens of thousands of FPL customers an affordable, easy way to voluntarily reduce their carbon footprint. The Sunshine Energy program has helped avoid more than 1 billion pounds of CO2 emissions since 2004.

"The Sunshine Energy program has delivered on its promises to customers. Our management of the program has been stellar by industry standards. Green Mountain has fulfilled every customer purchase, kilowatt hour for kilowatt hour. In fact, since the program began in 2004, Green Mountain has served more than 1.15 billion kilowatt hours of green power to Sunshine Energy customers. Additionally, Green Mountain has supported the construction of 450 kilowatts of new solar electric power in Florida, including the largest solar electric array in the State, at Rothenbach Park in Sarasota. More than 100 percent of Sunshine Energy customer revenue has been put back into the program.

"Sunshine Energy has been ranked among the 'Top Ten' utility green power programs in U.S. for four consecutive years, as ranked by the National Renewable Energy Laboratory (NREL) of the U.S. Department of Energy. There are more than 800 utility green power programs nationwide.

"In 2004, Sunshine Energy received a national Green Power Leadership Award for the U.S. Environmental Protection Agency and the U.S. Department of Energy."

Green Mountain, the nation's leading provider of cleaner energy and carbon offset solutions, was founded in 1997 "to change the way power is made." Today, the company is the longest serving green power marketer in the U.S. Green Mountain offers consumers and businesses the choice of cleaner electricity products from renewable sources such as wind and water and carbon offset products through its (www.begreennow.com) division. Green Mountain customers have collectively helped avoid over 4.1 million tons of CO2 emissions. For more information, visit www.greenmountain.com.

* Source: National Renewable Energy Laboratory, U.S. Dept. of Energy