BRYN MAWR, Pa.--(BUSINESS WIRE)--
Aqua Pennsylvania, Inc. (Aqua) was named a finalist for the Platts 2013 Global Energy Awards in the “Energy Efficiency – Commercial End-User” category for its efforts to reduce electricity use during periods when the electric grid is at maximum capacity.
Aqua America Chairman and CEO Nicholas DeBenedictis said, "I am proud that we are aggressively working to reduce Aqua's electricity costs, which is a benefit to our customers. We are not only realizing direct savings of more than $500,000 to the company, we are also doing our part in helping to stabilize the electric grid when it is stressed by high demand."
Aqua works with Constellation to participate in two load response programs: PJM’s Emergency Demand Response (DR) program and Constellation’s Peak Response, which allows Constellation electricity supply customers to reduce future capacity and transmission costs by lowering electricity consumption during the hours of peak demand. Aqua's ability to effectively participate in both programs has been significantly enhanced by its use of Constellation's VirtuWattTM technology, which provides real-time electric monitoring of the company's electric usage and performance tracking of facilities participating in the load response programs.
“Constellation is pleased to support Aqua’s commitment to reduced energy costs and sustainable business practices,” said Gary Fromer, senior vice president, energy management programs, for Constellation. “Aqua is a perfect example of the way commercial, industrial and institutional power customers can be proactive and strategic about how and when electricity is used, without compromising business operations.”
The Platts “Energy Efficiency – Commercial End-User” award recognizes a long-term, systematic commitment to energy efficiency. Nominees were judged on performance and achievements since January 2012. Other nominees included Hughes Network Systems, LLC – An EchoStar Company, IBM, Metso Corp, Tesco Plc. and the United States Navy.
About Aqua Pennsylvania
Aqua Pennsylvania serves approximately 1.4 million people in 30 counties throughout Pennsylvania. It is the largest subsidiary of Aqua America, Inc., one of the largest U.S.-based, publicly-traded water utilities, which serves about 3 million residents in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana, Virginia, Florida and Georgia. Aqua America is listed on the New York Stock Exchange under the ticker symbol WTR. Visit aquaamerica.com for more information.
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 continental United 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 (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).
- Utility Industry
- Nature & Environment
- Aqua America