Source: Press Release 1/17/2015

Viridian Energy Launches Services in Rhode Island

January 17, 2015 - STAMFORD, CONN. - Viridian Energy, a leading provider of affordable, renewable energy, today announced the launch of its services in Rhode Island. Viridian's entrance into "The Ocean State" represents the most recent expansion in the company's rapid growth and development, which includes the introduction of Viridian Energy's innovative price certainty energy rate plans, 3DOM™, late last year.

"Entrance into the nation's second-most densely populated state represents a significant landmark in the company's mission to offer high-quality, affordable, renewable energy to more customers for a greater collective impact on the environment and the local economy," said Michael Fallquist, founder and CEO of Viridian Energy. "With turbulent market conditions and extreme weather becoming more common, we're excited about the opportunity to educate Rhode Island consumers regarding their energy options, and bring rate plans with strong value propositions."

Since Rhode Island is a deregulated energy market, residents have the power to choose energy suppliers for their homes or businesses. Deregulation provides consumers with many options in terms of energy management, efficiency, renewable green energy products and price.

For example, hundreds of thousands of Viridian Energy customers have opted to use energy that is beneficial to the planet, as well as their budgets. Since 2009, Viridian customers have helped avoid more than 5 billion pounds of climate-changing CO2 from being released into the atmosphere through the use of renewable energy from clean sources such as wind and hydro.

"The remarkable milestones Viridian has achieved are a direct result of the efforts of our passionate network of nearly 25,000 Independent Associates," said Meredith Berkich, President, Viridian Energy. "Their deep commitment to sustainability, community action and global initiatives has created a competitive business advantage for Viridian and is one of the key reasons we have been named one of the top 100 direct selling companies in the world for the past three years."

Starting today, the company will offer Rhode Island consumers affordable electricity that is more than 50% renewable as well as 100% renewable electricity. In addition to a range of responsible energy options, Viridian offers eco-minded entrepreneurs a powerful opportunity to generate sustainable income and to do well by doing good. As an Independent Viridian Associate, individuals can build a simple and rewarding business by helping friends, family members and neighbors choose affordable green energy.

"Rhode Island consumers don't have to accept whatever rate the utility is charging," explained Fallquist. "Because this is a deregulated energy market, the power of choice is in the hands of consumers - not the monopoly utility service provider. And I fundamentally believe that everyone wins when energy suppliers are forced to compete for business."

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