Welcome!

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.

(Logo: http://photos.prnewswire.com/prnh/20020930/CNPLOGO)

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 CenterPointEnergy.com.

For more information contact:

Laura Cating

Phone

713.207.8134

Pager

713.619.5143

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
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...