Newport Harbor Corp. Converts to 100% Wind Power
Newport Harbor Corporation, a hospitality company located in Newport, RI, has converted its electrical needs at all of its hotel, restaurant, corporate, real estate and event spaces to wind power. It’s making the purchases through Sterling Planet.
Newport Harbor Corporation will purchase 2400 Megawatt hours in 2007 to supply power to all of its hospitality businesses. The corporation’s estimated annual traditional electricity cost is $333,876. Green energy costs are slightly higher -? an additional $8700 or a 2.3 percent increase overall. However, Newport Harbor says that as part of the purchase through Sterling Planet, Newport Harbor Corporation can provide 10 percent or $870.00 of the additional green cost to an environmental or non-profit of its choice at the end of the year.
To offset the additional 2.3 percent cost in converting to green energy, the corporation is looking at a number of changes uncluding installing motion detectors on lights in common areas; switching to more energy-efficient light bulbs; and using programmable, digital thermostats.
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