Powdr Corp Offsetting 100 Percent of Electricity Used at Its Resorts

Energy Resource, April 8, 2008

ENERGY RESOURCE-8 April 2008-Powdr Corp Offsetting 100 Percent of Electricity Used at Its Resorts(C)2008 JeraOne - http://www.jeraone.com

Powdr Corp, one of the leading mountain resort owners and operators in the United States, today announced that it will offset 100 percent of the grid-supplied electricity consumed at its seven ski and snowboard resorts and one tubing park through the purchase of renewable energy credits (RECs) beginning in June 2008.

Powdr Corp's purchase of nearly 50 million kWh of RECs is the second-largest among the U.S. Environmental Protection Agency's (EPA) partners in the travel and leisure category.

"We are passionate about the snowsports industry and the quality of life it provides to our families, team members and guests," said Brent Giles, director of environmental affairs for Powdr Corp. "Our commitment to offset 100 percent of our resorts' power from renewable energy sources is another step in the right direction to sustain our mountain lifestyle for years to come."

Powdr Corp will work with Boulder, Colorado-based Renewable Choice Energy as its renewable energy provider. Renewable Choice Energy is an award-winning renewable energy and carbon offset provider of Green-e certified sources such as wind, biomass and small hydro. The EPA estimates that Powdr Corp's purchase of RECs will avoid over 85 million pounds of C02 emissions annually, which is equal to removing 8,539 passenger vehicles from the road or powering 6,175 average American homes for a year.

"Powdr Corp's extraordinary commitment will inspire other resorts to follow its lead," said Quayle Hodek, chief executive officer of Renewable Choice Energy. "Supporting renewable energy is a powerful way to fight climate change and make the air cleaner for everyone."

More than 70 percent of the United States' electricity comes from fossil fuels like burning coal and gas. Burning fossil fuels to generate electricity creates harmful greenhouse gasses that are emitted into the atmosphere, contributing to climate change. Wind-power generated electricity is renewable, sustainable, and does not produce environmental pollution.

"EPA applauds our partners for protecting the environment by purchasing green power," said Stephen L. Johnson, administrator for the Environmental Protection Agency. "By voluntarily shifting to renewable energy, Powdr Corporation is proving you don't need to wait for a signal in order to go green."

Headquartered in Park City, Utah, Powdr Corp currently owns and operates seven ski and snowboard resorts including Park City Mountain Resort in Park City, Utah, Killington Resort and Pico Resort in Killington, Vermont, Mt. Bachelor in Bend, Oregon, Boreal Resort and Soda Springs Resort, both in Donner Summit, California, and Las Vegas Ski and Snowboard Resort outside of Las Vegas, Nevada. Powdr Corp also operates Gorgoza Park, a lift-served tubing park, in Park City, Utah.

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