Medford, MA – Preotle, Lane & Associates, developer of River’ s Edge in Medford, has been recognized by the U.S. Environmental Protection Agency (EPA) as one the nation’s Green Power purchasers.
Preotle, Lane & Associates has committed to purchase 4.0 million kilowatt hours (kWh) of Renewable Energy Credits generated by wind farms across America. Renewable Energy Credits help to address the environmental footprint of electrical consumption. This purchase offsets 100 percent of the base building electricity for 200 River’s Edge Drive over the next three years. The EPA estimates that the purchase, which is equivalent to the amount of electricity needed to power more than 100 average American homes per year, saves the same amount of CO2 emissions produced by nearly 200 passenger vehicles annually.
Preotle, Lane & Associates also has purchased Verified Emission Reductions (VERs) equal to 297 metric tons of CO2 equivalent to offset 100 percent of the anticipated carbon emissions of 200 River’s Edge over the next three years.
VERs are sold to help finance projects that reduce the emission of carbon and other greenhouse gases, and this purchase helps prevents up to 300,000 pounds of CO2 from entering the atmosphere annually.
