NEW YORK—Green Mountain Energy Company announced that Trump SoHo New York has committed to purchasing renewable energy from Green Mountain for 100 percent of the hotel’s electricity usage. Green Mountain is a leading competitive retail provider of cleaner energy and carbon offset solutions.
Trump SoHo is expected to purchase more than 5.5 million kilowatt hours (kWh) of wind energy annually from Green Mountain over the two-year term of its agreement. By purchasing the clean energy, Trump SoHo will offset 100 percent of the hotel condominium’s annual electricity usage, which generates an estimated 4.6 million pounds of carbon dioxide (CO2) annually. The savings represents the equivalent of 1.3 million houses turning off all their lights for a day, or not taking more than 1.8 million cab rides.
“Green Mountain applauds Trump SoHo for demonstrating leadership in sustainable business practices through this purchase of green power for its downtown New York Hotel,” said Scott Hart, president of Commercial Services, Green Mountain Energy Company. “This renewable energy purchase further helps Green Mountain accomplish its mission to change the way power is made and helps the hotel send a message to its guests that it cares about the environment.”
“We regard this as a wise business decision on all levels,” said Trump SoHo general manager David Chase. “It is a responsible move for the hotel and it respects the values of our guests who are as concerned as we are about protecting and caring for the environment.”
The green power to be provided is generated from clean, renewable energy resources in the United States. Renewable energy facilities generate renewable energy certificates (RECs) when they produce electricity. Purchasing these certificates is a widely accepted way to address the greenhouse gas emissions of electricity consumption. Purchasing RECs in the same quantity as Trump SoHo’s estimated electricity consumption ensures that the amount of energy used by the hotel is added to the U.S. power grid from renewable sources and supports the further development of these projects.