Asbury Park Housing Authority and five additional N.J. housing authorities expected to achieve annual combined savings of $2.5 million BALTIMORE--(BUSINESS WIRE)--Constellation Energy (NYSE: CEG) today announced the completion of an energy and water efficiency project for the Asbury Park Housing Authority in Asbury Park, New Jersey. The initiative is one of six efficiency improvement programs developed by Constellation Energy for housing authorities throughout New Jersey. By implementing a number of energy and water conservation measures, the Asbury Park Housing Authority and other New Jersey housing authorities, including Irvington, Long Branch, East Orange and Trenton were able to realize a combined $2.5 million in estimated savings on annual utility costs. Constellation Energy is currently developing a performance contract with the Newark Public Housing Authority that, when implemented, will result in an expected $50 million in energy and water cost savings over the contract term. Constellation works with more than 40 housing authorities throughout the U.S. In addition to efficiency programs, the company offers a range of services for public housing authority customers, including electricity and natural gas supply and energy and water conservation education for residents.
