March 14, 2003—The Tower Companies has partnered with Pepco Energy Services (PES) to supply renewable energy to all of its Washington, D.C. area buildings. All Tower buildings, representing approximately 2.5 million square feet, will be supplied with over 24 million kilowatt hours of Green-e certified renewable “green” energy, which PES will supply through Sterling Planet’s “Renewable Energy Certificates” program. The Tower Companies is the first private developer in the D.C. area to purchase this type of energy.
Under the terms of the 18-month contract, PES will provide Tower’s Washington, DC Metropolitan Area buildings with 50% of their energy needs from green energy. Twenty-five percent (25%) green energy will be used in Tower-owned apartment communities. The World Resources Institute’s (WRI) Green Power Market Development Group and Think Energy, Inc., an environmental consulting firm, were also instrumental in helping Tower initially identify and evaluate various green power options and providers.
Recently, The Tower Companies completed construction of The Tower Building, the area’s first Green Super Class A office environment located in Rockville, MD. The ten-story, 276,000 square-foot building features environmentally sound materials, enhanced air filtration and reduced energy consumption. The Tower Building was the recipient of the Apartment and Office Building Association (AOBA) award for Green Office Building of the Year for 2002.
For more information, contact The Tower Companies.
