The Bozzuto Group Commits HQ to 100 Percent Wind Power
April 26, 2012
The Bozzuto Group has committed to matching 100 percent of the electricity used at its corporate headquarters with renewable energy from U.S. wind projects.
This commitment to green power will be achieved through the purchase of Green-e Energy Certified Renewable Energy Certificates (RECs) from 3Degrees, a renewable energy certificate and carbon offset provider to wholesale and retail customers.
The RECs ensure that for every megawatt hour of electricity used at Bozzuto's headquarters, a wind power project will deliver one megawatt hour of renewable energy to the power grid.
Using calculations and the national emissions rate from the EPA Greenhouse Gas Equivalencies Calculator, The Bozzuto Group's purchase of 1,151 megawatt hours of U.S. Wind Renewable Energy Certificates (REC) from 3Degrees will help avoid an estimated 794 metric tons of carbon dioxide equivalent (CO2e) greenhouse gas emissions.
The EPA estimates that this amount of CO2e emissions is equivalent to the CO2 emissions released from consuming or burning more than 1,800 barrels of oil, the annual CO2 emissions produced from the use of electricity at more than 95 average homes, or the carbon sequestered annually by more than seven acres of forest preserved from deforestation.
The Bozzuto Group is a real estate company consisting of six integrated companies - Acquisitions, Construction, Development, Homebuilding, Land Development and Property Management - that together provide real estate services throughout the Mid-Atlantic and Northeast.