Program enables Bluestone to help customers eliminate upfront capital costs for energy efficiency projects
NORWELL, Mass.–(BUSINESS WIRE)–Bluestone Energy Services, LLC, a leader in energy conservation engineering and project development services for a variety of sectors including industrial and retail, has announced that it will offer Constellation’s Efficiency Made Easy (EME) program. Constellation, an Exelon company, is a retail supplier of power, natural gas, renewable and energy management products for businesses and homeowners.
“Bluestone Energy is excited to be a part of this important program, which gives companies much needed financial flexibility to complete cost-saving efficiency projects with no upfront costs”
Constellation’s EME combines a multi-year electricity agreement with energy conservation measures. The cost of efficiency measures is included in the price per kilowatt-hour over the term of the electricity supply agreement. In most cases, customers realize an immediate savings as a result of reduced energy use.
Each EME project is tailored to the customer’s needs of energy conservation and reduced consumption through numerous initiatives. In creating a customized efficiency strategy, customers’ challenges are identified and a water and energy conservation plan is developed to provide savings with no upfront cost. The program, which was first launched in the Northeast and Great Lakes regions in 2011, has since expanded nationally.
Under Constellation’s EME program, Bluestone recently completed a comprehensive lighting project for Teterboro, NJ-based Party Rental, Ltd., which has enabled the company to save nearly $90,000 in annual electricity costs. Additionally, the facility’s new lighting is standardized and under warranty for three years, meaning Party Rental, Ltd. will not have to pay for a new lamp until 2017.
“Bluestone Energy provided us with a way to reduce our energy costs and improve lighting throughout our entire facility,” said Alan Gottlich, Executive Vice President and CFO at Party Rental, Ltd. “Constellation’s Efficiency Made Easy program gave us a way to pay for the project without incurring any out-of-pocket expenses. We are thrilled with the new lighting and enjoying the savings that come with it.”
“Bluestone Energy is excited to be a part of this important program, which gives companies much needed financial flexibility to complete cost-saving efficiency projects with no upfront costs,” said Sean Fuller, VP of Marketing and Business Development at Bluestone Energy Services.
To date, Bluestone Energy customers across a range of sectors including industrial, non-profit, commercial real estate and technology have saved nearly 1.2 million kilowatt-hours through Constellation’s EME program.
About Bluestone Energy Services
Norwell, Massachusetts-based Bluestone Energy Services, LLC, a division of OpTerra Energy Group, provides professional engineering and project development services for utilities, retail and corporate clients. Bluestone is a leader in demand-side management (DSM) programs for large commercial and industrial organizations. Bluestone has secured millions of dollars in utility incentives for its clients by developing and implementing hundreds of HVAC, lighting and process energy-conservation projects. Bluestone has worked with a wide array of companies including American Airlines, Biogen Idec, Genesis Management Group and Stop & Shop Supermarket Company.
Additional information can be found at http://www.bluestoneenergy.com.
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 100,000 business and public sector customers, including more than two-thirds of the Fortune 100, and more than 1 million residential customers. 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 atwww.constellation.com or on Twitter at @ConstellationEG.
