Constellation Energy Awarded Electricity Supply, Renewable Energy Contracts for Federal Agencies in New England, New York, Pe...
January 26 2012 - 9:07AM
Business Wire
Constellation Energy (NYSE:CEG) has been awarded three new
General Services Administration (GSA) electricity supply and
renewable energy contracts in five states.
The additional contracts expand Constellation’s federal supply
to 2.7 million megawatt hours of electricity per year, serve almost
every region of the country eligible for competitive supply, and
build upon existing contracts that include the U.S. Capitol,
Federal Reserve and Smithsonian Institution. The new contracts
cover agencies in New York (including the United Nations building),
Connecticut, New Hampshire, Rhode Island and Pennsylvania.
“Constellation Energy is proud to provide our sustainable energy
management and contracting expertise to a growing number of federal
agencies, allowing them to meet their procurement, sustainability
and security goals,” said Louis Hutchinson, Constellation Energy’s
senior vice president, Public Sector.
“When combined with our existing contracts in the mid-Atlantic,
Ohio, Illinois and California, these new GSA contracts in the New
England region mean Constellation Energy is now serving the vast
majority of the nation’s federal agencies in states with
competitive markets.”
Constellation announced last year it had signed a three-year
contract with the GSA to supply 1.72 million megawatt hours of
electricity per year to federal sites that include the U.S.
Capitol, Kennedy Center, Smithsonian Institution, GSA and the
Federal Reserve, as well as the Departments of Justice, Labor,
Interior, Transportation and Treasury. All GSA contracts are
subject to federal competitive bid requirements.
That GSA contract followed the March 2011 announcement that
Constellation signed an Energy Savings Agreement (ESA) with the
U.S. Department of State that will contribute to President Obama’s
executive order to reduce federal-wide greenhouse gas emissions.
The State Department and part of the White House campus expect to
reduce greenhouse gas emissions associated with domestic
electricity consumption by approximately 30 percent to 35 percent
by December 2012 and during the term of the ESA.
Constellation Energy is a federally approved provider of demand
response services for both military and civilian government
agencies, enabling federal sites to earn money by reducing
consumption during times of peak energy demand. Constellation
Energy is also one of the National Super Energy Savings Performance
Contract (ESPC) suppliers chosen by the U.S. Department of Energy
to improve the efficiency of federal buildings through energy
retrofit projects, energy saving performance contracts and
deployment of renewable energy systems.
About Constellation
Energy
Constellation Energy (www.constellation.com) is a leading
competitive supplier of power, natural gas and energy products and
services for homes and businesses across the continental United
States. It owns a diversified fleet of generating units, totaling
approximately 12,000 megawatts of generating capacity, and is a
leading advocate for clean, environmentally sustainable energy
sources, such as solar power and nuclear energy. The company
delivers electricity and natural gas through the Baltimore Gas and
Electric Company (BGE), its regulated utility in Central Maryland.
A FORTUNE 500 company headquartered in Baltimore, Constellation
Energy had revenues of $14.3 billion in 2010.
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