Intuit and Just Energy Launch a Corporate Renewable Energy Program for Texas Residents
Intuit
Inc. (Nasdaq:INTU), maker of TurboTax,
QuickBooks, ProConnect and
Mint, has announced a new program, Purely Green, that will share its
corporate wind power procurement in Texas with commercial and
residential customers. Intuit has teamed up with retail energy provider,
Just Energy (NYSE:JE) (TSX:JE) to launch the plan.
Purely Green, which will be unveiled this week just ahead of Earth Day,
is designed to offer discounted renewable electricity to hundreds of
thousands of electricity customers across Texas. The renewable energy
and renewable energy credits will be sourced from EDP Renewables’ (EDPR)
Lone Star II Wind Farm located near Abilene, TX.
Houston-based Renewable Power Direct (RPD), a national green energy
marketer, worked with Intuit and Just Energy to structure the program
and to source the physical wind power from EDPR.
“Purely Green addresses two issues that are deeply important to us – our
mission for powering prosperity for customers and being good stewards of
the environment,” said Cece Morken, Executive Vice President and General
Manager, Strategic Partnerships at Intuit. “We want the community where
we live and work to have the same opportunity we do.”
“This program enables Texas residents to leverage Intuit’s buying power
to access discounted green power for their homes and businesses,” says
Sean Kinghorn, Sustainability program lead for Intuit.
“Just Energy is happy to offer a product that allows Texas residents and
small businesses a premium green energy solution at a price competitive
with fossil-fuel based power. We are pleased to be part of this
innovative and socially responsible program,” said Jim Brown, CFO, Just
Energy.
“This program is a game changer for Texas electricity customers,” said
Eric Alam, CEO of RPD. “Thanks to Intuit’s leadership, we expect other
large companies that buy wind and solar energy to begin exploring how
best to share and leverage their green energy choices for customers and
employees. This could significantly boost future demand for renewable
energy and greatly expand the climate benefits of corporate green power
programs. We’re very excited to be a part of this initiative.”
Interested Texas residents can learn more and sign up for Purely Green
at http://www.justenergy.com/intuit.
Additionally, Intuit and Just Energy will be exhibiting at the EarthX
Expo from April 20-22 in Fair Park, Dallas, Texas. Visit Booth 1172 to
learn more about the program and sign up.
About Intuit
Intuit’s mission is to Power Prosperity Around the World. Its global
products and platforms, including TurboTax,
QuickBooks, Mint and Turbo, are designed to empower
consumers, self-employed, and small businesses to improve their
financial lives, finding them more money with the least amount of work,
while giving them complete confidence in their actions and
decisions. Intuit’s innovative ecosystem of financial management
solutions serves partners and 46 million customers worldwide, unleashing
the power of many for the prosperity of one. For the latest news and
in-depth information about Intuit and its brands, visit Intuit.com
and follow on Facebook.
About Just Energy
Established in 1997, Just Energy is a leading retail energy provider
specializing in electricity and natural gas commodities, energy
efficiency solutions, and renewable energy options. With offices located
across the United States, Canada, the United Kingdom, Germany, Ireland
and Japan, Just Energy serves approximately 1.5 million residential and
commercial customers providing homes and businesses with a broad range
of energy solutions that deliver comfort, convenience and control. Just
Energy Group Inc. is the parent company of Amigo Energy, Green Star
Energy, Hudson Energy, Tara Energy and TerraPass.
About Renewable Power Direct™ (RPD™)
RPD is a U.S. renewable energy marketer that serves corporate and
industrial buyers and supplies direct green products to retail energy
providers for their mass market customers. RPD is the only player
offering variable-term (2-7 year), fractional physical capacity and RECs
from utility-scale wind and solar facilities across the country. Blocks
of green energy capacity may be purchased in increments of 1 MW or
greater. Fortune 1000 energy buyers have already chosen these contracts
for green data centers, production facilities and corporate headquarters
across the US. RPD is based in Houston. For more information visit www.renewablepowerdirect.com.
About EDP Renewables
EDP Renewables (Euronext: EDPR) is a global leader in the renewable
energy sector and the world’s fourth-largest wind energy producer. With
a sound development pipeline, first class assets and market-leading
operating capacity, EDPR has undergone exceptional development in recent
years and is currently present in 12 markets (Belgium, Brazil, Canada,
France, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK and the
US). Energias de Portugal, S.A. (“EDP”), the principal shareholder of
EDPR, is a global energy company and a leader in value creation,
innovation and sustainability. EDP has been a Dow Jones Sustainability
Index for 10 consecutive years. For further information, visit www.edpr.com.
About EDP Renewables North America
EDP Renewables North America LLC (“EDPR NA”) and its subsidiaries
develop, construct, own, and operate wind farms and solar parks
throughout North America. Headquartered in Houston, Texas, with 45 wind
farms, five solar parks, and 13 regional and development offices across
North America, EDPR NA has developed more than 6,200 megawatts (MW) and
operates more than 5,600 MW of renewable energy projects. EDPR NA is
owned by EDP Renováveis, S.A. (EDPR). For more information, visit www.edprnorthamerica.com.
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