AKRON, Ohio, April 10, 2012 /PRNewswire/ -- As part of NBA Green Week 2012, FirstEnergy Solutions has donated 40 Renewable Energy Credits (RECs) to offset the electricity used during the Cleveland Cavaliers basketball game at Quicken Loans Arena on April 10, 2012. The RECs were generated at the Meyersdale wind facility located in Somerset County, Pennsylvania.
When a renewable energy generator – such as a wind farm – produces electricity that is certified and sold into the wholesale electricity market, it also produces RECs. A REC represents the positive environmental attributes associated with putting renewable power onto the grid. By contributing 40 RECs, FirstEnergy Solutions is adding an amount of renewable power to the grid equivalent to the estimated amount of power that will be used during the game.
"FirstEnergy Solutions is pleased to donate these renewable energy credits to Quicken Loans Arena and the Cleveland Cavaliers for tonight's game, helping to support the further development of renewable energy," said Dave Hennekes, vice president of Retail Marketing at FirstEnergy Solutions.
FirstEnergy Solutions, a subsidiary of FirstEnergy Corp. (NYSE: FE), is one of the nation's largest providers of competitive electric generation supply, serving more than 1.5 million residential and small business customers in Ohio, Pennsylvania, New Jersey, Maryland, Michigan and Illinois. With nearly 500 megawatts of solar and wind power under long-term contracts, FirstEnergy Solutions is one of the largest providers of renewable energy in the region.
FirstEnergy is a diversified energy company dedicated to safety, reliability and operational excellence. Its 10 electric distribution companies comprise the nation's largest investor-owned electric system. Its diverse generating fleet features non-emitting nuclear, scrubbed baseload coal, natural gas, and pumped-storage hydro and other renewables, and has a total generating capacity of nearly 23,000 megawatts.
SOURCE FirstEnergy Corp.