Customers Paid to Ease Strain on Electrical Grid BALTIMORE--(BUSINESS WIRE)--Constellation Energy (NYSE:CEG) announced that its subsidiary, Constellation NewEnergy, Inc., has now enrolled 1,000 megawatts of demand response capacity, making the company one of the leading demand response providers in North America. Constellation NewEnergy's demand response programs make it possible for customers to voluntarily reduce electricity consumption during peak periods of demand on electricity grids—improving the reliability and sustainability of energy infrastructure. The capacity of Constellation NewEnergy's enrolled demand response customers is the equivalent of avoiding generation from a large 1,000 megawatt power plant when customers scale back usage or switch to alternative sources of power. "Demand response programs are critical to ensuring that our collective requirement for electricity on peak demand days doesn't outpace the ability to generate and deliver power reliably," said Peter Kelly-Detwiler, senior vice president of customer supply for Constellation NewEnergy. "At these high levels of participation, Constellation NewEnergy's customers are helping to ensure that adequate power supplies will be available when needed most. They are also reaping significant financial incentives for taking part in demand response programs. This is particularly important during the current period of economic stress." One Constellation NewEnergy customer utilizing demand response as part of its strategic energy portfolio is the office products company, Staples, Inc. “Staples is always looking for innovative partners to help us manage our energy costs. Constellation NewEnergy has helped make demand response a permanent strategic energy initiative at both the corporate and store levels, one that is environmentally-friendly, forward-thinking, and easy to manage, all while contributing to the bottom line,” said Bob Valair, director of energy and environmental management for Staples, Inc.
