18.04.2018 15:49:00

Intuit and Just Energy Launch a Corporate Renewable Energy Program for Texas Residents

Intuit Inc. (Nasdaq:INTU), maker of TurboTax, QuickBooks, ProConnect and Mint, has announced a new program, Purely Green, that will share its corporate wind power procurement in Texas with commercial and residential customers. Intuit has teamed up with retail energy provider, Just Energy (NYSE:JE) (TSX:JE) to launch the plan.

Purely Green, which will be unveiled this week just ahead of Earth Day, is designed to offer discounted renewable electricity to hundreds of thousands of electricity customers across Texas. The renewable energy and renewable energy credits will be sourced from EDP Renewables’ (EDPR) Lone Star II Wind Farm located near Abilene, TX.

Houston-based Renewable Power Direct (RPD), a national green energy marketer, worked with Intuit and Just Energy to structure the program and to source the physical wind power from EDPR.

"Purely Green addresses two issues that are deeply important to us – our mission for powering prosperity for customers and being good stewards of the environment,” said Cece Morken, Executive Vice President and General Manager, Strategic Partnerships at Intuit. "We want the community where we live and work to have the same opportunity we do.”

"This program enables Texas residents to leverage Intuit’s buying power to access discounted green power for their homes and businesses,” says Sean Kinghorn, Sustainability program lead for Intuit.

"Just Energy is happy to offer a product that allows Texas residents and small businesses a premium green energy solution at a price competitive with fossil-fuel based power. We are pleased to be part of this innovative and socially responsible program,” said Jim Brown, CFO, Just Energy.

"This program is a game changer for Texas electricity customers,” said Eric Alam, CEO of RPD. "Thanks to Intuit’s leadership, we expect other large companies that buy wind and solar energy to begin exploring how best to share and leverage their green energy choices for customers and employees. This could significantly boost future demand for renewable energy and greatly expand the climate benefits of corporate green power programs. We’re very excited to be a part of this initiative.”

Interested Texas residents can learn more and sign up for Purely Green at http://www.justenergy.com/intuit. Additionally, Intuit and Just Energy will be exhibiting at the EarthX Expo from April 20-22 in Fair Park, Dallas, Texas. Visit Booth 1172 to learn more about the program and sign up.

About Intuit

Intuit’s mission is to Power Prosperity Around the World. Its global products and platforms, including TurboTax, QuickBooks, Mint and Turbo, are designed to empower consumers, self-employed, and small businesses to improve their financial lives, finding them more money with the least amount of work, while giving them complete confidence in their actions and decisions. Intuit’s innovative ecosystem of financial management solutions serves partners and 46 million customers worldwide, unleashing the power of many for the prosperity of one. For the latest news and in-depth information about Intuit and its brands, visit Intuit.com and follow on Facebook.

About Just Energy

Established in 1997, Just Energy is a leading retail energy provider specializing in electricity and natural gas commodities, energy efficiency solutions, and renewable energy options. With offices located across the United States, Canada, the United Kingdom, Germany, Ireland and Japan, Just Energy serves approximately 1.5 million residential and commercial customers providing homes and businesses with a broad range of energy solutions that deliver comfort, convenience and control. Just Energy Group Inc. is the parent company of Amigo Energy, Green Star Energy, Hudson Energy, Tara Energy and TerraPass.

About Renewable Power Direct™ (RPD™)

RPD is a U.S. renewable energy marketer that serves corporate and industrial buyers and supplies direct green products to retail energy providers for their mass market customers. RPD is the only player offering variable-term (2-7 year), fractional physical capacity and RECs from utility-scale wind and solar facilities across the country. Blocks of green energy capacity may be purchased in increments of 1 MW or greater. Fortune 1000 energy buyers have already chosen these contracts for green data centers, production facilities and corporate headquarters across the US. RPD is based in Houston. For more information visit www.renewablepowerdirect.com.

About EDP Renewables

EDP Renewables (Euronext: EDPR) is a global leader in the renewable energy sector and the world’s fourth-largest wind energy producer. With a sound development pipeline, first class assets and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 12 markets (Belgium, Brazil, Canada, France, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK and the US). Energias de Portugal, S.A. ("EDP”), the principal shareholder of EDPR, is a global energy company and a leader in value creation, innovation and sustainability. EDP has been a Dow Jones Sustainability Index for 10 consecutive years. For further information, visit www.edpr.com.

About EDP Renewables North America

EDP Renewables North America LLC ("EDPR NA”) and its subsidiaries develop, construct, own, and operate wind farms and solar parks throughout North America. Headquartered in Houston, Texas, with 45 wind farms, five solar parks, and 13 regional and development offices across North America, EDPR NA has developed more than 6,200 megawatts (MW) and operates more than 5,600 MW of renewable energy projects. EDPR NA is owned by EDP Renováveis, S.A. (EDPR). For more information, visit www.edprnorthamerica.com.

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