NEWARK, N.J., Dec. 4, 2013 /PRNewswire/ -- PSEG announced today it is partnering with the NFL Environmental Program to provide the green power for Super Bowl XLVIII, the first Super Bowl held in the New York-New Jersey metro region.
"For 20 years, the NFL has been working to decrease the environmental footprint of the largest U.S. sporting event and we are proud to help them do it now that the Super Bowl is in the New York-New Jersey region," said Ralph LaRossa, president and chief operating officer of PSE&G. "PSEG is committed to being environmentally responsible. Working with the NFL, we can help set the example that even an event that uses as much energy as the Super Bowl can significantly reduce its impact on the environment."
For every megawatt hour of electricity used to power the event, PSEG will purchase and retire one renewable energy credit (REC) on behalf of Super Bowl XLVIII. This will include the electricity used at Met Life Stadium, the AFC and NFC team hotels and Super Bowl Boulevard – the largest public event associated with the Super Bowl - located in Times Square (Broadway from 34th to 47th Streets) in New York City.
PSEG's REC purchase will include New Jersey solar renewable energy credits (SRECs) equal to a four week output of PSE&G's Kearny Solar Farm. Located near MetLife Stadium, the Kearny Solar Farm is a 3 megawatt-dc (MW-dc) farm that illustrates the Christie administration's effort to erect solar on undeveloped brownfields and landfills. The remaining RECs have been purchased from Community Energy Inc., a certified Green-e Supplier, sourced from the Jersey - Atlantic City Wind Farm, New Jersey's largest commercial grade wind farm.
"By purchasing wind and solar RECs locally PSEG has added more value to this project," said Jack Groh, Director of the NFL Environmental Program. "In addition to providing green energy, purchasing locally puts money into the local economy and can help finance construction of additional renewable energy capacity in the region – something that will have a lasting impact beyond Super Bowl XLVIII."
PSEG, the parent company of PSE&G, is purchasing these RECs on behalf of Super Bowl XLVIII and the purchase will have no impact on New Jersey rate payers.
Public Service Enterprise Group (NYSE:PEG) is a publicly traded diversified energy company with annual revenues of $9.8 billion, and three principal subsidiaries: PSEG Power, Public Service Electric and Gas Company (PSE&G) and PSEG Energy Holdings.
PSEG has a well-earned reputation as an environmentally conscious company. It has been named to the Dow Jones Sustainability North America Index for the past six years. The Index recognizes companies that are best in class among their peers in meeting certain economic, environmental and social criteria. PSEG owns and operates more than 166 MW of solar power.
PSE&G is a leading national utility for solar power. The company currently owns and operates nearly 80 megawatts-dc (MW-dc) of grid-connected solar generation through its Solar 4 All™ program. The 177.5 MW-dc Solar Loan Program helps utility electric customers finance solar systems on their homes and businesses.
PSEG Solar Source LLC is a wholly owned subsidiary of PSEG Power. It was formed to develop, construct, own and operate large-scale solar facilities outside of the PSE&G's regulated service area. PSEG Solar Source owns 86 MW of solar power including the largest solar farms in Ohio and Delaware and the second largest solar farm in Florida. For more information, visit www.pseg.com.
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About the NFL Environmental Program
Since 1993, the National Football League has been developing projects at Super Bowl to address the environmental impacts of Super Bowl related events and activities. These projects have included comprehensive solid waste recycling at event facilities, recovery and donation of extra prepared food from Super Bowl events, donation and repurposing of construction and decor materials from Super Bowl venues, the "Super Kids-Super Sharing" book and sports equipment donation program, use of renewable energy at major NFL Super Bowl facilities, integration of bio-fuels into generators and transportation fleet vehicles, and support for urban forestry projects in every Super Bowl host community.
The NFL Environmental Program for Super Bowl XLVIII, developed in partnership with the NY/NJ Super Bowl Host Committee and a large number of community partners, is one of many community projects developed each year at Super Bowl to leave a positive legacy in the Super Bowl host community.
Disclaimer: PSEG Solar Source LLC is not the same company as PSE&G, the New Jersey based electric and gas utility. PSEG Solar Source is not regulated by the New Jersey Board of Public Utilities. You do not have to purchase any PSEG Solar Source products in order to receive quality regulated services from PSE&G.
SOURCE Public Service Enterprise Group (PSEG)