AOBA Alliance Extends Energy Services Agreement with Constellation
April 7, 2014
BALTIMORE (April 7, 2014) — The AOBA Alliance, Inc. today announced that it has extended its energy services supplier agreement with Constellation through 2020. Under the terms of the agreement, AOBA Alliance participants located in the District of Columbia, Maryland, Virginia and Pennsylvania have access to competitive electricity and natural gas supply, as well as products and services to better manage their energy procurement and use. AOBA Alliance, Inc. is a subsidiary of the Apartment and Office Building Association of Metropolitan Washington (AOBA).
“We are pleased to continue this relationship with Constellation for the balance of the decade,” said David Farmer, energy conservation specialist, Grady Management, Inc. and president of AOBA Alliance. “Our primary goal in choosing an energy supplier is to obtain competitive prices while maintaining highly favorable, pre-negotiated contract terms and conditions for our AOBA Alliance participants. Since 2010, Constellation has provided competitive pricing, superior service and demonstrated a willingness to serve all sizes and types of commercial and multi-family customers. With suppliers coming and going from the market, we feel extremely comfortable that we are serving the best interests of our participants.”
Through Constellation, AOBA Alliance participants can earn additional revenue through load response programs, offset a portion of their energy use with renewable energy certificates, and implement energy conservation measures at no upfront cost through Constellation’s Efficiency Made Easy program. Additionally, participants in the District of Columbia and Maryland have access to Constellation’s energy forecasting and budgeting application, which provides building owners and managers with information on their total electricity spend, including supply and utility charges, by property, by utility or by portfolio.
“Even in a changing retail energy market, AOBA Alliance participants can rely on Constellation to provide a wide range of energy products and services at competitive prices,” said Mark Huston, president - Constellation Retail. “We look forward to continuing to work with AOBA Alliance participants to help manage their energy costs and meet sustainability goals.”
Constellation is active in all competitive markets in the U.S. and is the chosen supplier to two-thirds of the Fortune 100 businesses. Constellation provides energy management solutions such as energy efficiency, on-site solar generation, and load response programs that financially compensate businesses for reducing electricity usage during periods of peak demand on the grid.
AOBA Alliance, Inc. which facilitates low-cost energy procurement for the commercial building and multi-family housing industries, is the largest customer-based energy aggregation group in the metropolitan Washington area, with approximately 6,000 accounts representing a total load of more than 500 MW of electricity and 2 BCF of natural gas. For more information please visit constellation.com/AOBA and www.aobaalliance.com.
About AOBA Alliance
The AOBA Alliance is one of the largest customer-based energy procurement services groups in the US. The AOBA Alliance offers building owners and managers the opportunity to assert their collective buying power to achieve savings in the procurement of energy and energy related services.
AOBA Alliance, Inc. is a subsidiary of the Apartment and Office Building Association of Metropolitan Washington (AOBA). AOBA is the local federated member of the Building Owners and Managers Association International (BOMA) and the National Apartment Association (NAA).
AOBA Alliance D.C. Electric License numbers: EA-01-1, D.C. Natural Gas License Reference GA-06-1; Maryland Electric License Reference IR-267, Maryland Natural Gas License Reference Number IR-375; Pennsylvania Electric Supplier License A-2010-2197104, Virginia Natural Gas Supplier Case No. PUE010425, License No. A-2.
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 2.5 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 2015 revenues of approximately $34.5 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.
April Kreller; AOBA Alliance, Inc.