CHICAGO, Oct. 20 /PRNewswire/ -- Harris announced today that it received a 2010 Green Power Leadership Award from the U.S. Environmental Protection Agency (EPA). The annual awards recognize the country's leading green power purchasers for their commitment and contribution to helping advance the development of the nation's voluntary green power market. EPA presented Harris with the award at an event held today in conjunction with the 2010 Renewable Energy Markets Conference in Portland, Ore.
Harris was one of only ten organizations nationwide to receive a Green Power Purchase Award from EPA. The award recognizes EPA Green Power Partners who distinguish themselves through purchases of green power from a utility green-pricing program, a competitive green marketer, or a renewable energy certificate (REC) supplier. Harris is currently purchasing more than 91 million kilowatt-hours (kWh) of green power annually -- enough green power to meet 100 percent of the organization's purchased electricity use. Harris is buying RECs from NextEra Energy Resources.
"We share the EPA's passion for environmental sustainability, which makes this prestigious award an honor for Harris," said Ellen Costello, president and CEO, Harris Financial Corp. "It's a point of pride that reminds us that our purchase of green power is not only the right thing to do -- it's good business, too."
Harris currently ranks No.42 on EPA's National Top 50 list. Each list highlights EPA Green Power Partners that have completed the largest annual voluntary purchases through July 6, 2010. EPA updates its Top Partner Lists quarterly at http://www.epa.gov/greenpower/toplists/.
Green power is electricity that is generated from environmentally preferable renewable resources, such as wind, solar, geothermal, biogas, biomass and low-impact hydro. These resources generate electricity with a net zero increase in carbon dioxide emissions, while offering a superior environmental profile compared to traditional power generation sources. Green power purchases also support the development of new renewable energy generation sources nationwide.
"EPA congratulates our leadership award winners for demonstrating by example the importance of using clean, renewable energy," said Gina McCarthy, Assistant Administrator for Air and Radiation at EPA. "By using green power, Harris Bank is leading the way toward cleaner air and a healthier environment while helping advance the market for renewable energy."
According to the EPA, Harris' current green power purchase of more than 91 million kWh is equivalent to avoiding the carbon dioxide (CO2) emissions of nearly 13,000 passenger vehicles per year, or is the equivalent amount of electricity needed to power nearly 8,000 average American homes annually.
Harris is an integrated financial service organization providing more than 1.3 million personal, business and corporate clients with banking, lending, investing and wealth management solutions. The organization is a member of the BMO Financial Group (NYSE, TSX: BMO), which also provides corporate and investment banking services in the U.S. under the BMO Capital Markets name.
About EPA's Green Power Partnership
The Green Power Partnership is a voluntary program that encourages organizations to buy green power as a way to reduce the environmental impacts associated with purchased electricity use. The Partnership currently has nearly 1,300 Partner organizations voluntarily purchasing billions of kilowatt-hours of green power annually. Partners include a wide variety of leading organizations such as Fortune 500® companies, small and medium sized businesses, local, state, and federal governments, and colleges and universities. For additional information, please visit http://www.epa.gov/greenpower.
About the Green Power Leadership Awards
The U.S. Environmental Protection Agency (EPA) co-sponsors the annual Green Power Leadership Awards in conjunction with the U.S. Department of Energy and the Center for Resource Solutions. EPA recognizes winners in the following awards categories; Green Power Partner of the Year; On-site Generation; Green Power Purchase, and Green Power Community of the Year. EPA's Purchaser awards recognize the exceptional achievement among EPA Green Power Partners who distinguish themselves through green power procurement, market leadership, overall green power strategy, and overall impact on the green power market. The Awards are held in conjunction with the Renewable Energy Markets Conference. For additional information please visit http://www.epa.gov/greenpower/awards/.
Harris® is a trade name used by various financial service subsidiaries of Harris Financial Corp. Banking products and services are provided by Harris N.A., The Harris Bank, N.A. and their bank affiliates, Members FDIC. Brokerage products are offered through Harris Investor Services, Inc. (HIS), a registered broker/dealer, member FINRA/SIPC, and SEC-registered investment advisor. Insurance and annuities are offered through Harris Bancorp Insurance Services, Inc. (HBIS). Investment banking services are provided by BMO Capital Markets Corp. (BMOCMC) and BMO Capital Markets GKST, Inc. (GKST), a Municipal Bond Dealer and member FINRA and SIPC. Financial planning and investment advisory services are provided by Sullivan, Bruyette, Speros & Blayney, Inc. (HSBSB), an SEC registered investment advisor. Family Office Services are provided by Harris myCFO, Inc. Investment advisory services are offered by Harris myCFO Investment Advisory Services LLC (HmyCFO), a SEC-registered investment advisor and wholly-owned subsidiary of Harris myCFO, Inc. Stoker Ostler Wealth Advisors (SOWA) is an SEC-registered investment advisor. Investment advisory services to institutional clients are provided by Harris Investment Management (HIM), an SEC-registered investment advisor. Products offered by HIS, HBIS, BMOCM, HSBSB, HmyCFO and HIM, affiliated companies and are wholly owned subsidiaries of Harris Financial Corp.,: Are Not Insured by the FDIC or any Federal Government Agency, Not a Deposit of or guaranteed by Any Bank or Bank Affiliate, May lose Value. The purchase of insurance or an annuity is not a condition to any bank loan or service. Not all products and services are offered in every state and/or location.
SOURCE Harris Bank