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





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
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue an...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
SYS-CON Events announced today that Cemware will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Use MATLAB functions by just visiting website mathfreeon.com. MATLAB compatible, freely usable, online platform services. As of October 2016, 80,000 users from 180 countries are enjoying our platform service.
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
Established in 1998, Calsoft is a leading software product engineering Services Company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. The company's deep domain knowledge of Storage, Virtualization, Networking and Cloud verticals helps in delivering ...
SYS-CON Events announced today that Enzu will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their online busine...
In the next five to ten years, millions, if not billions of things will become smarter. This smartness goes beyond connected things in our homes like the fridge, thermostat and fancy lighting, and into heavily regulated industries including aerospace, pharmaceutical/medical devices and energy. “Smartness” will embed itself within individual products that are part of our daily lives. We will engage with smart products - learning from them, informing them, and communicating with them. Smart produc...
November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Penta Security is a leading vendor for data security solutions, including its encryption solution, D’Amo. By using FPE technology, D’Amo allows for the implementation of encryption technology to sensitive data fields without modification to schema in the database environment. With businesses having their data become increasingly more complicated in their mission-critical applications (such as ERP, CRM, HRM), continued ...