Constellation Adds 38 Megawatts of Solar Generation in 2013

  Constellation Adds 38 Megawatts of Solar Generation in 2013

More than 164 megawatts of solar generation in operation or under construction
            for commercial, industrial and public sector customers

Business Wire

BALTIMORE -- January 23, 2014

Constellation today announced that it added 38 megawatts of customer-sited
solar generation in 2013 in Arizona, California, Maryland, New York and the
District of Columbia, bringing its total solar generation in operation or
under construction for commercial, industrial and public sector customers to
more than 164 megawatts.

With 58 projects and 177 installations in 10 states and the District,
Constellation is the third-largest commercial solar developer in the U.S.* For
more information about Constellation’s solar business, click here.

“Customers recognize that on-site solar generation is a smart solution for
achieving sustainability objectives and proactively managing long-term
electricity costs,” said Gary Fromer, senior vice president, energy management
programs for Constellation. “Our focus on providing customer value, in markets
and circumstances in which solar deployments make good business sense,
continues to drive significant growth in our customer-sited project
deployments.”

In 2013, Constellation completed a 2.7-megawatt solar project for Owens
Corning’s thermal and acoustical insulation plant in Feura Bush, N.Y.,
designed to supply approximately 6 percent of the plant’s annual electricity
needs. Financed, owned and maintained by Constellation, electricity generated
by the system is purchased by Owens Corning under a 20-year power purchase
agreement.

Frank O’Brien-Bernini, vice president and chief sustainability officer for
Owens Corning, said, "Having reduced our energy intensity by 30 percent over
the past 10 years, Owens Corning is now turning to renewables to further
reduce our environmental footprint.Constellation is a great energy partner in
helping us develop options and achieve our goals, and we expect more and more
successful projects like the PV installation at our New York plant."

Since 2007, Constellation estimates that its customer-sited solar projects
have helped avoid the release of more than 505 million pounds of carbon
dioxide. That’s the equivalent emissions from approximately 50,000 passenger
vehicles according to U.S. EPA data.

By structuring its solar projects as power purchase or solar services
agreements, Constellation offers solar installations that may require no
upfront capital from customers and may provide fixed power costs that are
comparable to or less than projected market rates.

Commercial enterprises, universities, school systems, hospitals and government
agencies interested in on-site solar installations may contact Constellation
at sustainable-solutions@constellation.com or 1-877-427-2005.

*Energy Acuity, Top Companies by Total Number of Projects.

About Constellation

The Constellation family of retail electricity and natural gas suppliers
(www.constellation.com), are subsidiaries of Exelon Corp., and are leading
competitive retail suppliers of power, natural gas and energy products and
services for homes and businesses across the continentalUnited
States.Constellation’s retail businesses serve more than 100,000 business and
public sector customers, including more than two-thirds of the Fortune 100,
and nearly one million residential customers.

Exelon Corporation (NYSE: EXC) is the nation’s leading competitive energy
provider, with 2012 revenues of approximately $23.5 billion. Headquartered in
Chicago, Exelon has operations and business activities in 47 states, the
District of Columbia and Canada. Exelon is one of the largest competitive U.S.
power generators, 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 more than 6.6 million customers in central
Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania
(PECO).

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Contact:

Constellation
Kelly Biemer, 410-470-9700
Kelly.Biemer@constellation.com
 
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