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Fuel Cell to Provide Residential Power At Parade of Homes.

Business Editors

CASTLE ROCK, Colo.--(BUSINESS WIRE)--Aug. 27, 2002

For the first time in Colorado, a fuel cell providing power to a residence and to the electrical grid system is available for public viewing. The fuel cell will be operating at the Parade of Homes from August 31 through October 6, 2002.

Miller Burton Homes, Inc., Built Green Colorado(TM), the City and County of Denver, Governor's Office of Energy Management and Conservation (OEMC), Intermountain Rural Electric Association (IREA), Plug Power Inc. (NASDAQ: PLUG), and Xcel Energy, Inc. (NYSE: XEL) collaborated in the installation of this fuel cell. The goal of this project is to demonstrate to the public emerging energy technologies currently available to the public, particularly those that can provide power directly to a home or homes and businesses and can be hooked to the grid to be used by a utility for general distribution. Currently, several customers of Xcel Energy produce energy through photovoltaics and "sell" excess power back to the grid, but, in the future, fuel cells might be used in place of a central power plant.

A fuel cell is a device that strips hydrogen from fuels, such as natural gas, methanol, propane and gasoline, producing useable electricity and waste heat that can be captured for space and water heating. When fueled by pure hydrogen, the exhaust of fuel cells contains only heat and water and produces only about as much noise as a residential air conditioning compressor.

Manufactured by Plug Power Inc., the fuel cell will provide up to 5kW of electricity to Miller Burton Homes' Roaring Fork Parade Home. The home features energy- and resource-efficient features from the Built Green Checklist such as low-e windows to control solar heat gain or winter heat loss, high-efficiency heating and cooling equipment on a zoned system, and household appliances with low demand for electricity and water.

"The Parade of Homes is an excellent venue to demonstrate the value of micro power at the residential level. Thousands of visitors will see the benefits of micro power and clean energy choices and experience technologies that may impact their futures," said Ed Lewis, OEMC Deputy Director.

"We're aggressively pursuing the development of alternative energy resources, such as photovoltaics, fuel cells, wind turbines, and natural gas powered micro turbines, because our customers' needs continue to evolve, and we want to grow with those needs," said Cynthia Evans, Vice President of Xcel Energy in Colorado and Wyoming.

After the Parade of Homes, the fuel cell will be stationed at the City and County of Denver's fire station at Washington Park, where it will provide a significant part of the facility's power and some domestic hot water.

For ticket information, call the Parade of Homes at 303.744.1444 or visit their Web site at www.2002paradeofhomes.com.

Partner Information:
-- Miller Burton Homes, Inc.: Roberta Johnson at 303.759.5708 or roberta@millerburtonhomes.com

-- Built Green Colorado(TM): Kim Calomino at 303.778.1400 or kcalomino@hbadenver.com

-- City and County of Denver: Darryl Winer, 720.913.4853 or darryl.winer@ci.denver.co.us

-- Governor's Office of Energy Management and Conservation: Ed Lewis at 303-894-2383 or ed.lewis@state.co.us

-- Intermountain Rural Electric Association: Dick Prahl at 303.688.3100 or prahl@intermountain-rea.com

-- Plug Power Inc.: Cynthia Mahoney at 518.782.7700 or cynthia_mahoney@plugpower.com

-- Xcel Energy, Inc.: Steve Roalstad at 303.294.2000 or steve.roalstad@xcelenergy.com
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Date:Aug 27, 2002
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