C.Under the two-year contract Constellation NewEnergy will supply 1.8 million megawatt hours of electricity per year to sites that include the U.S. Capitol, Kennedy Center, Smithsonian Institution, FBI and the Federal Reserve, among others. This includes meeting the GSA requirement to serve 5 percent of the total load with renewable energy or renewable energy certificates (RECs). Constellation NewEnergy will supply more than 90,000 RECs annually to these federal customers.
Constellation NewEnergy will apply its considerable public sector energy management experience to help the GSA and other federal agencies control energy costs and maintain budget certainty, said Michael Kagan, president of Constellation NewEnergy. This also marks the single largest annual REC purchase by a Constellation NewEnergy customer, and we are proud to be assisting the U.S. General Services Administration and the federal agencies it serves in supporting renewables and becoming more sustainable.
Constellation NewEnergy is also a federally approved provider of demand response services for both military and civilian government agencies, enabling federal sites to shed load during times of peak energy demand. Constellation Energy subsidiaries are also helping to improve the efficiency of federal buildings through energy retrofit projects, energy saving performance contracts and deployment of renewable energy systems.