Constellation Awarded Contract by Port Authority of New York and New Jersey for $25.8 Million Energy Efficiency Upgrade

Improvements expected to save agency $27 million over 20 years, reduce greenhouse gas emissions by approximately 3,000 tons per year

Constellation today announced that it has been awarded phase 2 of a contract from The Port Authority of New York and New Jersey to install $25.8 million in energy efficiency and water conservation measures. Under the terms of the contract, the upgrades are expected to save the Port Authority more than $27 million in operating costs over 20 years. The resulting savings will be used to fund the cost of the project, which is scheduled for completion in December of 2016.

“Constellation is proud to continue to support the Port Authority’s commitment to energy efficiency and environmental responsibility,” said Gary Fromer, senior vice president, Distributed Energy, for Constellation.

In 2012, Constellation was selected by competitive request for proposal to provide $8.7 million in energy conservation measures for the Port Authority Bus Terminal and the Lincoln Tunnel.

Phase 2 of the project includes the installation of more than 5,000 light-emitting diode (LED) exterior lighting fixtures at the George Washington Bridge, the Holland and Lincoln tunnel Roadways, the Goethals Bridge and the Outerbridge Crossing. Constellation will also install efficiency upgrades at the administration buildings for the tunnels and bridges including: interior lighting and building automation controls, boiler and chiller replacements, low-flow toilets and faucets, and building envelopment improvements such as caulking, weather stripping, and new windows.

By implementing water and energy conservation measures, the Port Authority expects to conserve an estimated 1.1 million gallons of water annually and avoid the creation of 3,000 tons of greenhouse gases annually over the contract term.

A NAESCO-accredited Energy Services Provider, Constellation and its fulfillment partners have assisted commercial customers and public agencies throughout the U.S. to implement energy efficiency programs. Customers interested in energy efficiency and environmental solutions may contact Constellation at 1-888-635-0827.

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 more than 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 2013 revenues of approximately $24.9 billion, and more than 35,000 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.

ConstellationKelly Biemer, [e-mail]