Lerner & Tower Go All Green

September 10, 2006

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Lerner Enterprises and The Tower Companies have committed to purchasing 100% wind renewable energy credits for their Washington, D.C. office building, Washington Square and their combined headquarters building in Bethesda, Maryland.

Under the terms of the 48-month contract, Pepco Energy Services will supply over 64 million kilowatt-hours of renewable energy certificates for the two buildings with over one million square feet. Pepco Energy Services will provide these renewable energy credits supplied by Sterling Planet, representing wind-generated resources in the U.S.

Lerner’s commitment will prevent the emission of approximately 83 million pounds of CO2 into the atmosphere, which is equivalent to providing energy for more than 1,750 homes annually.

The Tower Companies is Pepco Energy Services’ largest commercial purchaser of green energy. Other notable organizations that have purchased green energy from Pepco Energy Services include the U.S. Department of Agriculture, the Department of Labor, the Department of Transportation, the Department of Energy and the Department of the Interior.

In addition, Pepco Energy Services currently supplies 100% renewable resources to the Statue of Liberty on Liberty Island and the Ellis Island Immigration Museum on Ellis Island, as well as renewable energy credits to the U.S. Environmental Protection Agency headquarters, located in Washington, D.C.

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