STP News Release

STP Nuclear Energy Plant Marks 150 Billion Kilowatt-Hours

July 8, 1998 -- Bay City, TX--On the 4th of July, South Texas Project achieved 150 billion kilowatt-hours of electrical generation in less than ten years of operation. STP units ranked as high as fourth in the U.S. and 13th in the world for electrical generation in 1997. There are currently 105 operating nuclear units in the U.S. and 437 world-wide.

"I’m extremely proud that we produced 150 billion kilowatt-hours for the state of Texas in such a relatively short period of time. The credit goes to our employees whose hard work continues to result in an exceptionally safe, reliable and efficient plant," said Bill Cottle, STP Nuclear Operating Company president and CEO.

The generation of 150 billion kilowatt-hours is equivalent to the energy produced from burning 90.3 million tons of coal or 250.5 million barrels of oil that would result in the emission of 30 - 40 million metric tons of carbon into the air. Nuclear energy plants do not burn fossil fuels and so do not emit any greenhouse gases or other air pollutants.

The South Texas Project is owned by Houston Lighting & Power Company, Central Power and Light Company, City Public Service of San Antonio and the City of Austin. The South Texas Project is managed and operated by the STP Nuclear Operating Company. The plant is located 12 miles southwest of Bay City, Texas, and annually produces energy sufficient to power more than one million homes.

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