Click here to close now.


News Feed Item

Customers use CenterPoint Energy Services' carbon-neutral program to target green clientele

Green Balance program helps commercial customers offset carbon emissions

HOUSTON, Nov. 15, 2012 /PRNewswire/ -- As the owners and operators of two of Chicago's high-end luxury apartment complexes are discovering, Green Credits are proving to be an innovative way to target environmentally-conscious customers.


Chicago's Chestnut Place and Webster House apartments have enrolled in Green Balance, CenterPoint Energy Services' (CES) carbon-neutral natural gas purchase program, which enables customers to offset all or a portion of their carbon emissions created during natural gas combustion through the purchase of Green Credits.

"Our clientele is educated, young and in-tune to environmental issues," said Jeff Larson, property supervisor of both apartment complexes. "These customers are looking for this type of environmental responsibility from companies they do business with."

A Green Credit, also referred to as a carbon credit or carbon offset, is equal to the reduction, sequestration or avoidance of one metric tonne of carbon dioxide or other greenhouse gases. When a customer enrolls in the Green Balance program, CES retires the Green Credits acquired under the program to offset some or all of the carbon emissions created when the customer consumes natural gas.

"The Green Balance program offers a cost-effective option for a wide range of commercial businesses, universities and government institutions that use a combination of clean-burning, domestic natural gas and Green Credits to show leadership in environmental stewardship," said Eric Sullivan, CES division senior vice president. "This is a clean energy management solution that's sustainable and affordable." 

CES created Green Balance in response to customer feedback, as companies and institutions expressed a desire for a convenient way to manage their carbon footprint, meet greenhouse gas emissions reductions goals and promote environmental stewardship. Under the Green Balance program, a customer desiring to offset the carbon emissions resulting from its natural gas use would generally pay a premium of about 10 to 15 percent for the gas.

"As an apartment ownership group, we use a lot of energy," Larson said. "It's one of our biggest expenses. We want to be good stewards of the environment and use our operational dollars to make a difference."

After their Green Balance term is completed, customers will receive a certificate indicating the quantity of Green Credits and the applicable attributes that have been retired.

The Green Credits used to offset a customer's emissions will be sourced from greenhouse gas reduction projects through a partnership with Element Markets, LLC, a Houston-based environmental credit marketing and project development company. All Green Credits are sourced from voluntary carbon emissions reduction projects that meet nationally recognized standards. Reduction projects include the destruction of industrial pollutants, the repurposing of landfill methane and the use of anaerobic lagoons for energy generation.

About Element Markets
Element Markets, headquartered in Houston, Texas, is a leading developer and operator of biomethane projects throughout the United States. The company owns landfill gas to energy projects as well as the Huckabay Ridge Anaerobic Digestion Facility, which is the largest privately owned anaerobic digester in North America. The company utilizes its expertise in the renewable natural gas, greenhouse gas, renewable energy and emissions credit markets to provide structured environmental compliance and optimization services for corporate and institutional clients.

About CenterPoint Energy
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines, and field services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. Assets total more than $22 billion. With over 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 135 years. CenterPoint Energy Services, the competitive natural gas sales and services division of the company, has more than 25,000 commercial, industrial and utility customers across 20 states. For more information, visit the company's website at

For more information contact:

Laura Cating





SOURCE CenterPoint Energy, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at, explored the value of Kibana 4 for log analysis and provided a hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He examined three use cases: IT operations, business intelligence, and security and compliance. Asaf Yigal is co-founder and VP of Product at log analytics software company In the past, he was co-founder of social-trading platform Currensee, which...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and t...