Renewable Energy Leader Confers with President Obama, Says Stimulus and 'Democratizing' Utilities are Key to Clean Economy Job Growth

July 9, 2009

Standard Renewable Energy (SRE) CEO, John Berger, along with several other energy CEOs were invited to the White House for a roundtable discussion on the stimulus, renewable energy, climate change legislation and the cumulative impact of all three issues on positive U.S. job creation.

President Barack Obama (http://www.whitehouse.gov/blog/Moving-Forward-with-Energy-Innovation) noted that the assembled renewable energy leaders represented "the most innovative energy companies in America... (able to) save small businesses and large businesses alike up to 20 or 30 percent on their energy usage."

Berger, a former advisor to the Federal Energy Regulatory Commission founded SRE in 2006 to help consumers understand that energy efficiency and renewable energy can have a highly positive financial impact for homes and businesses alike. Since then, SRE has grown to become the largest distributed energy services company (DESCO) or "on-site" renewable energy generation and energy efficiency provider in the U.S. with a mission to assist customers in achieving (i) lower energy bills, (ii) a reduced environmental footprint, and (iii) increased energy reliability.

"The transformation to a clean economy is job positive. The industry is moving in the right direction," Berger told the President. "SRE is proud to be one of the companies that is helping to lead the transformation toward a clean energy future."

In his Rose Garden press conference that followed the private roundtable meeting, President Obama made reference to companies that are rapidly growing in revenue and job creation. SRE is a prime example of this as it has grown from 21 employees in January of 2007 to a projected 400 by year's end and more than 550 by December of 2010.

SOURCE Standard Renewable Energy