This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Constellation Energy Awarded GSA Contract For 90,000 MWh Of Electricity For 17 Federal Buildings In California

Stocks in this article: EXC

Constellation Energy, an Exelon company, has been awarded a new General Services Administration (GSA) electricity supply contract for 17 federal buildings in California, including the Court of Appeals building in San Francisco.

The one-year contract renewal sustains Constellation’s federal supply to 2.7 million megawatt hours of electricity per year, serving almost every region of the country eligible for competitive supply.

“Constellation is proud to provide competitive electricity supply to California’s vital federal buildings, and welcomes opportunities to meet future clean energy needs such as the GSA solar project in Sacramento,” said Louis Hutchinson, Constellation vice president, Public Sector and Energy Efficiency. In 2008, Constellation completed a 530KV solar system on the rooftop of the GSA’s federal building in Sacramento, supplying 13 percent of the building’s electricity needs.

Constellation’s federal electricity support throughout the nation includes GSA contracts for the U.S. Capitol, Federal Reserve and Smithsonian Institution, as well as agencies in New York (including the United Nations building), Connecticut, New Hampshire, Rhode Island and Pennsylvania. All GSA contracts are subject to federal competitive bid requirements.

Constellation also has 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.

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 Exelon

Exelon Corporation (NYSE:EXC) is the nation's leading competitive energy provider, with approximately $33 billion in annual revenues. Headquartered in Chicago, Exelon has operations and business activities in 47 states, the District of Columbia and Canada. Exelon is the largest competitive U.S. power generator, with approximately 35,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers. Exelon's utilities deliver electricity and natural gas to approximately 6.6 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Learn more at: www.exeloncorp.com.

Copyright Business Wire 2010

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs