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Eastern Bank to ‘green’ its electricity  

Credit:  The Lowell Sun, www.lowellsun.com 12 March 2012 ~~

BOSTON – Eastern Bank plans to “green” all of its electricity use with renewable-energy certificates from Constellation Energy. The bank has signed an agreement to allow Constellation to supply more than 30 million kilowatt-hours of electricity to Eastern Bank’s 94 branch offices and five corporate centers for the next three years. The energy provided will be “greened” through Constellation renewable-energy certificates. The certificates are Green-e Energy Certified and sourced from wind energy. They give developers of renewable energy a market-based, financial incentive to build wind, solar and other forms of renewable energy. One certificate is created for each megawatt-hour of renewable power that is delivered to the electric grid.

Source:  The Lowell Sun, www.lowellsun.com 12 March 2012

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