Just Energy

Just Energy

May 09, 2011 06:00 ET

Just Energy Hits $40 Million in Green Energy Investment

MISSISSAUGA, ONTARIO--(Marketwire - May 9, 2011) -Just Energy, (TSX:JE) a leading North American natural gas and electricity retailer, has announced that its investments in green projects in Canada and the United States now total $40 million, making it one of the largest green energy providers on the continent.

The company's investments in renewable energy credits and carbon offsets provide eco-conscious residential and commercial consumers with immediate solutions to help reduce the harmful carbon emissions associated with their household or business energy consumption.

On behalf of its customers, Just Energy purchases renewable energy credits and carbon offsets from certified sources for greenhouse gas reduction and green energy production matched to offset its customers' average electricity and/or natural gas use.

"Customers that subscribe to our green energy programs join a growing community of environmentally responsible energy consumers who are taking action to reduce their environmental footprint" says Ken Hartwick, Just Energy's President and Chief Executive Officer. "Whenever possible, we pursue renewable energy and carbon offset projects located within the communities we serve. Such customer participation supports the continued development of large scale carbon reduction and renewable energy projects in communities across North America."

The company's JustGreen™Power and JustGreen™Natural Gas products allow residential and commercial customers to select green energy options as a complement to their electricity or natural gas contract. In markets where JustClean™Home is available, residential consumers can go green without enrolling in the company's natural gas or electricity supply program and still offset up to 100% of the carbon emissions caused by their everyday energy use.

Just Energy's programs have helped its customers offset carbon emissions equivalent to taking 69,300 passenger vehicles off the road for an entire year and have injected enough renewable power into the electricity grid to power 160,000 homes for a year.

"And we will continue to make further local investments to meet growing customer demand for green and renewable energy," says Ken Hartwick.

As a measure of accountability Just Energy's green purchases are reviewed yearly by an international independent third party accounting firm, which confirms that money spent by customers goes directly to renewable energy or carbon offset projects.

Visit justenergy.com and justcleancommunity.com to learn more about the company's green programs, and the measurable differences that energy consumers can make towards a healthier, greener environment every day.

About Just Energy:

Just Energy is a leading North American electricity and natural gas retailer. Through its affiliates under its parent, Just Energy Group Inc, a publicly traded corporation (TSX:JE), Just Energy serves1.8 million residential and commercial customers, helping them gain better control of their energy costs. In addition, through National Home Services, Just Energy sells and rents high efficiency and tankless water heaters, and through its subsidiary Terra Grain Fuels, produces and sells wheat-based ethanol. Just Energy is an industry leader in providing environmentally responsible energy options to consumers across North America. To learn more about Just Energy visit www.justenergy.com.

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