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Green Mountain Gains PECO Customers

February 2001 - Green Mountain Energy Company announced that the Pennsylvania Public Utility Commission (PUC) approved a plan for the company to provide power to 50,000 randomly selected PECO customers beginning later this year.

To create more competition in the retail market, the PUC directed PECO in the utility's 1998 restructuring order and in its merger application with Unicom to develop a plan for assigning at least 20 percent of its residential customers to another supplier. Customers have the right to opt out of the program and to return to PECO at any time without a penalty. They may also choose to shop for a supplier other than Green Mountain or PECO.

Green Mountain will offer savings of up to two percent off the PECO price to compare, depending on the residential customer rate class. According to Green Mountain, "100 percent of the electricity product to be sold to those customers...will include cleaner and renewable sources."

News Release - PA Public Utility Commission Approves Plan For Green Mountain Energy Company To Provide Cleaner Electricity To 50,000 PECO Customers - No longer online at greenmountain.com

News Article - 'Green' electricity to be sold in region - No longer online at philly.com

Green Mountain Contact: John Holtz (609) 953-1647



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