Solar power systems expected to generate 42 percent of
school district's electricity needs
BALTIMORE and CAPE MAY COURT HOUSE, N.J. (April 18, 2012) -
Constellation Energy, a business unit of Exelon (NYSE:
EXC), and Middle Township Board of Education today
announced the completion of an aggregate 1.5-megawatt (DC)
solar generation project. Baltimore-based Constellation
Energy owns and will maintain the solar power systems. In
return, the school district will purchase and receive all
of the electricity generated by the solar panels at a fixed
rate from Constellation Energy under a 15-year power
purchase agreement.
Located at four Middle Township Public School District
sites -- Elementary 1, Elementary 2, High School and
Administration Building -- the solar power systems are
expected to generate 42 percent of the district's
electricity needs.
In honor of the solar generation project's completion,
a celebration and ribbon-cutting were held today at Middle
Township High School, in Cape May Court House, N.J.
Students as well as representatives from Middle Township
Public Schools, Constellation Energy, Smart Energy Capital,
The Design Collaborative, Calvi Electric and elected
officials were on hand for the event including Middle
Township Mayor Dan Lockwood.
"The school district is excited about this solar
project and our relationship with Constellation
Energy," said Mike Kopakowski, superintendent of
Middle Township Public Schools. "Hosting solar
generation provides many positive opportunities for our
students and the community. In addition to energy cost
savings and supporting the environment, the project serves
as an educational resource, inspiring students to pursue
academic and career opportunities in science, technology,
engineering and mathematics."
The solar power systems are comprised of approximately
5,785 roof-mounted photovoltaic panels. The project is
expected to generate more than 1.7 million kilowatt-hours
of electricity per year. Generating the same amount of
electricity using nonrenewable sources would result in the
release of approximately 1,331 metric tons of carbon
dioxide, or the equivalent emissions from 261 passenger
vehicles annually, according to U.S. EPA data.
"Constellation Energy is pleased to support the Middle
Township Board of Education in its commitment to renewable
energy," said Michael D. Smith, vice president of
solar and efficiency sales for Constellation Energy.
"During a time when many school districts are looking
for ways to do more with less support, on-site solar
generation helps keep electricity prices affordable. By
structuring solar projects as power purchase agreements, we
can provide energy solutions that require no upfront
capital from customers and provide them with fixed power
costs that are less than projected market rates."
Constellation Energy currently owns and operates more than
100 megawatts of
solar installations that have been completed or are
under construction for commercial and government customers
throughout the United States. Constellation's
commercial customers, universities, school systems,
hospitals and government agencies interested in on-site
solar installations of 1 megawatt or larger may contact
Constellation Energy at sustainable-solutions@constellation.com
or 1-877-427-2005.
About Exelon
Exelon Corporation (NYSE:EXC) is the nation's leading
competitive energy provider, with approximately $33 billion
in annual revenues. Headquartered in Chicago, Exelon has
operations and business activities in 47 states, the
District of Columbia and Canada. Exelon is the largest
competitive U.S. power generator, 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
approximately 6.6 million customers in central Maryland
(BGE), northern Illinois (ComEd) and southeastern
Pennsylvania (PECO).
Contact:
Kelly Biemer
Constellation Energy
410-470-9700
kelly.biemer@constellation.com
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