Verizon's High-Performance Network Enables Constellation Energy to Offer Customer Solutions for Online Energy Management and Cost Control
New Energy Management Solution Provides Customers With Round-the-Clock Access to Their Energy Consumption Information
BASKING RIDGE, N.J., Feb. 2, 2011 - Constellation Energy's commercial and industrial customers can now manage their energy consumption online - and thus better control their energy costs -- as the result of a communications solution provided by the company and powered by Verizon's high-performance IP-based network.
Constellation Energy's new customer-access portal, NewEnergy Online®, and demand- response application, VirtuWatt(TM), enable customers to view their energy consumption information round-the-clock, from any location with Internet access.
In addition, Verizon is providing Constellation Energy with a variety of other products and services to enable the Baltimore-based company to increase efficiency and better connect its employees.
"By working with Verizon, we are able to offer a new generation of energy management solutions," said Mark Huston, managing director of retail energy for Constellation Energy. "The reliability and speed of Verizon's network enables our customers to have instant mobile access to our online portal, providing them with visibility to their energy consumption to make economic decisions from virtually anywhere at any time.
Verizon's IP-based multiprotocol label switching network also provides secure data sharing across locations and departments. Verizon's IP Trunking has helped unify Constellation Energy's communications infrastructure and efficiently support collaboration across the enterprise.
Through Verizon Wireless service to smartphones, Constellation Energy's workers in the field can access the company's data and systems to make faster decisions, use business applications, and communicate with other employees, improving service in both everyday and emergency situations.
"The power company of the future is going to look a lot different from the power company of today," said Rilck Noel, vice president of Verizon's Global Energy & Management Practice. "Power companies will be able to provide enterprises and consumers with visibility and control of their energy consumption. Our growing relationship with Constellation showcases how this is becoming a reality, and how energy and technology industries can work together to create a new generation of cost-saving energy management solutions for customers."
To learn more about Verizon's work with Constellation Energy, including the companies' joint investment in smart grid technology provider Consert, read the case study here. In an online video, Constellation Energy provides additional insight into how telecommunication and energy industry partnerships benefit customers.
Verizon's Global Energy & Utilities Practice combines professional expertise with advanced wireless and wireline networks to deliver advanced communications, IT and security solutions around the world. The organization comprises a team of individuals with the proven experience to help organizations address industry-specific challenges, including smart grid transformation, data management, security, and compliance with North American Electric Reliability Corporation (NERC) Critical Infrastructure Protection (CIP) and other global standards. Learn more at www.verizonbusiness.com/us/solutions/utility.
About Constellation Energy
Constellation Energy Group Inc. (NYSE: CEG), (www.constellation.com) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located in the United States and Canada, totalling approximately 12,000 megawatts of generating capacity, and is among the leading advocates for the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $15.6 billion in 2009.
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE, NASDAQ: VZ), is a global leader in communications and IT solutions. We combine professional expertise with one of the world's most connected IP networks to deliver award-winning communications, IT, information security and network solutions. We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees- enabling them to increase productivity and efficiency and help preserve the environment. Many of the world's largest businesses and governments - including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions - rely on our professional and managed services and network technologies to accelerate their business. Find out more at www.verizonbusiness.com.
SOURCE Verizon Business
CONTACT:
John Columbus,
+1-908-559-5993,
John.columbus@verizon.com;
or
Constellation Energy:
Kelly Biemer or Maureen Brown,
+1-410-470-7433
Web Site: www.verizonbusiness.com
