Empire State Building becomes NYC's largest buyer of renewable energy

New York City, January 7, 2011 — The world's most famous office building is starting off the New Year a whole lot greener. The Empire State Building has become New York City's largest commercial purchaser of 100 percent renewable energy.

The 2.85 million square-foot office building will purchase wind power from Green Mountain Energy Co., a competitive retail provider of cleaner energy and carbon offset solutions.

"It was a natural fit for us to combine 100 percent clean energy with our nearly completed, ground breaking energy efficiency retrofit work," said Anthony E. Malkin, president of Malkin Holdings, which supervises the Empire State Building.

"Clean energy and our nearly 40 percent reduced consumption of watts and BTUs gives us a competitive advantage in attracting the best credit tenants at the best rents. Our program of innovation at the Empire State Building shows simple, replicable, non-proprietary steps for other landlords to follow to be more energy efficient, cleaner and greener," Malkin said.

The iconic landmark has signed a two-year contract with Green Mountain to purchase nearly 55 million kWh of renewable energy annually, which will avoid nearly 100 million pounds of carbon dioxide emissions each year.

The purchase is also more than double the amount of renewable power that any other commercial customer in New York City is currently buying.

Green Mountain was awarded the electricity contract after a bid process with multiple Electric Service Companies (ESCOs), facilitated by MCEnergy, Inc., the Empire State Building's energy consulting firm. Green Mountain was selected as a result of its winning, competitive electricity rate, favorable contract terms and leadership in the renewable energy industry. Green Mountain is the nation's longest-serving green power marketer.

The Empire State Building's historic green power purchase exceeds the U.S. Environmental Protection Agency's Green Power Partnership requirements. Based on EPA's current rankings, New York City's most recognizable building is expected to rank No. 18 on EPA's national Top 100 percent Green Power Purchaser List, which represents green power purchasers that are buying green power to meet 100 percent of their U.S. organization-wide electricity use.

Green Mountain will work with the Empire State Building to develop materials to educate the building's tenants and visitors about the benefits of choosing renewable energy.

Green Mountain also offers New York City residents in the Con Edison service territory a choice of competitively priced clean energy products. The company began serving residential and commercial customers in New York in November 2009.

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