Coldwater Creek makes companywide conversion to renewable 'green' energy
24 Aug '06
3 min read
Beginning August 1, 2006, Coldwater Creek entered into a three-year partnership with 3 Phases Energy Services, LLC, to offset the energy usage of its operation company-wide with 100% new wind energy. This is being accomplished through the purchase of an innovative product known as renewable energy certificates. Renewable energy certificates provide a means for consumers to purchase and support wind power that is "injected" into the power grid by renewable energy producers.
To ensure that the certificates it purchases from 3 Phases Energy actually support new wind farms, the certificates are independently monitored and verified by the nonprofit Center for Resource Solutions, before receiving the 'Green-e' certification.
"From the time the company was formed on the shores of a pristine lake in a small town in North Idaho, we have had a tradition of environmental involvement and stewardship," Pence said. "We plan to continue that tradition as we move toward our goal of operating 450-500 retail stores and establishing Coldwater Creek as a premiere, national women's apparel brand."
Coldwater Creek is an integrated triple-sales-channel retailer of women's apparel, jewelry, gifts and accessories through a growing number of premium retail stores located across the United States, an e-commerce web site and direct-mail catalogs.
In operation since 1994, 3 Phases Energy is committed to promoting and implementing renewable energy options for businesses, utilities, governments, and institutions through Green Direct Access, green pricing support services for utilities, retail and wholesale sales of Green Certificates, and onsite efficiency and solar photovoltaic installation.