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CRS Releases Preliminary 2003 Sales Figures

July 2004 - The Center for Resource Solutions (CRS) released its preliminary (unaudited) sales estimates of Green-e certified renewable electricity for 2003, showing an 86% increase in total volume from 2002. Annual sales of Green-e certified tradable renewable certificates (TRCs) grew to more than 1.8 million MWh—a twelve-fold increase over 2002 figures. Sales of Green-e certified renewable electricity in utility green pricing programs grew by 12%.

Despite the increases registered in TRC and green pricing markets, competitive markets showed a decline in sales of Green-e certified renewable electricity and purchasers of certified products. The reduction can be largely attributed to the repeal of direct access and consumer purchase incentives in California, where most competitive suppliers have stopped serving customers.

Regionally, the Northeast was the fastest growing market, showing a 75% increase in sales of Green-e certified renewable energy and a 50% increase in customers purchasing certified products.

News Release - Green-e Preliminary Verification Reveals Significant Increase in Certified Renewable Energy Sales in 2003

Additional Information - Annual Green-e Verification Reports

CRS Contact: Këri Bolding (415) 561-2100

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