SPRING LAKE, Mich.,
Sept. 12, 2018 /PRNewswire/
-- Herman Miller (NASDAQ-NMS: MLHR) and Constellation, an
Exelon company and leading retail energy supplier,
today announced a four-year agreement to power the furnishings
manufacturer's Spring Lake, Mich.,
manufacturing locations with 100 percent renewable energy. The
energy will come from the Harvest II wind project in
Elkton, Mich., which is managed by
Exelon Generation.
The agreement is expected to supply Herman Miller with roughly
25,000 megawatt hours of wind energy annually, which is enough to
power more than 2,700 homes for one year, according to U.S. EPA
estimates. That's about double the homes in the village of
Spring Lake. The Spring Lake campus is responsible for about a
quarter of Herman Miller's global energy consumption – and is the
biggest consumer of electricity in Spring
Lake.
The agreement leverages the innovative Constellation Offsite
Renewables (CORe) retail offering -- designed to increase access to
renewable energy for commercial and industrial customers – that
will match the manufacturing location's annual electricity use with
renewable energy certificates from the Harvest II wind project.
Structured similarly to standard retail power agreements, CORe
allows businesses to gain access to renewable energy without the
significant hurdles that accompany offsite renewable Power Purchase
Agreements.
"Constellation is committed to the development of clean energy
solutions that meet the needs of our customers, and our CORe
offering is helping Herman Miller achieve its ambitious
sustainability goals," said Mark
Huston, president of Constellation's Retail business.
"Consumers are increasingly adopting offsite renewables, and we
welcome Herman Miller to the growing list of organizations choosing
carbon-free wind power to sustainably power their operations."
Constellation has a suite of CORe offerings across the country.
This agreement is the first in Michigan.
This investment in renewable energy is one component of Herman
Miller's Earthright Strategy – a commitment to creating a
Better World by 2023. In 2016, Herman Miller began a partnership
with Foresight, an energy management firm headquartered in
Zeeland, Mich., to evaluate and
implement procurement strategies across all facilities and business
units aimed at reducing costs and increasing its renewable energy
consumption. The renewable wind energy contract at Herman Miller's
Spring Lake facilities is one
solution that came from this partnership.
"We're very excited to work with Foresight and Constellation on
this initiative. Sustainable practices and creating a better world
have been part of Herman Miller's guiding principles since the
company's start," said Gabe Wing,
director of Safety and Sustainability at Herman Miller. "This
project will help us meet our sustainability goals -- and doesn't
negatively impact our business. We will continue to reduce our
carbon footprint through energy efficiency projects and supporting
green energy projects like Harvest II where the market allows."
The Spring Lake campus is made
up of two vertically integrated steel manufacturing facilities that
fabricate, powder coat, and assemble numerous products, including
height adjustable tables, filing and storage systems, and
desking.
About Herman Miller
Herman Miller is a globally
recognized provider of furnishings and related technologies
and services. Headquartered in West
Michigan, the 113-year-old company has relied on innovative
design to solve problems wherever people work, live, learn, and
heal. With recognizable designs as part of museum collections
worldwide, Herman Miller is a past recipient of the Smithsonian
Institution's Cooper Hewitt National Design Award and has
been ranked number one on Contract Magazine's list of
"Brands that Inspire" for four straight years. Known and respected
for its leadership in corporate social responsibility, Herman
Miller has earned numerous global sustainability and inclusivity
awards including the Human Rights Foundation's top rating in
its Corporate Equality Index for 11 years in a row. In fiscal
2018, the company generated $2.38
billion in revenue and employed nearly 8,000 people
worldwide. Herman Miller trades on the NASDAQ Global Select Market
under the symbol MLHR. www.hermanmiller.com/about-us
About Constellation
Constellation is a leading
competitive retail supplier of power, natural gas and energy
products and services for homes and businesses across the
continental United States.
Constellation's family of retail businesses serves approximately 2
million residential, public sector and business customers,
including more than two-thirds of the Fortune 100. Baltimore-based Constellation is a subsidiary
of Exelon Corporation (NYSE: EXC), the nation's leading competitive
energy provider, with 2017 revenues of approximately $33.5 billion, and more than 32,700 megawatts of
owned capacity comprising one of the nation's cleanest and
lowest-cost power generation fleets. Learn more at
www.constellation.com or on Twitter at @ConstellationEG
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SOURCE Herman Miller