Constellation secures historic $1 billion deal to supply US gov’t with power

[KARAH RUCKER]

AMERICA’S LARGEST OPERATOR OF NUCLEAR POWER PLANTS HAS JUST SECURED A HISTORIC AGREEMENT WITH THE U-S GOVERNMENT.

THE MORE THAN ONE BILLION DOLLAR DEAL WITH CONSTELLATION PROMISES TO SUPPLY POWER TO MORE THAN A DOZEN FEDERAL AGENCIES OVER THE NEXT DECADE.

IT’S THE BIGGEST ENERGY PURCHASE IN THE U-S GENERAL SERVICES ADMINISTRATION HISTORY AND MEANS CONSTELLATION WILL POWER 80 GOVERNMENT FACILITIES STARTING IN APRIL.

INCLUDING FACILITIES THAT ARE HOME TO THE DEPARTMENT OF TRANSPORTATION AND ARMY CORPS OF ENGINEERS.

THE DEAL ANNOUNCED THIS WEEK INCLUDES ONE CONTRACT WORTH 840 MILLION DOLLARS FOR THE ELECTRICITY SUPPLIED BY CONSTELLATION.

THE SECOND CONTRACT AWARDS CONSTELLATION 172 MILLION DOLLARS TO COMPLETE CONSERVATION PROJECTS LIKE WEATHERIZING FEDERAL BUILDINGS AND EXPANDING THE INSTALLATION OF L-E-D LIGHTING.

FOUR BUILDINGS IN D-C WILL ALSO BE CONVERTED TO ELECTRIC BOILERS AND HEAT PUMPS FROM STEAM POWER ENERGY.

CONSTELLATION’S C-E-O SAYS THE CONTRACT IS A SIGN ATTITUDES TOWARD NUCLEAR ENERGY ARE SHIFTING.

THE G-S-A SAYS THIS PURCHASE GIVES THE GOVERNMENT BUDGET STABILITY AMID UNCERTAIN ELECTRICITY COSTS IN THE FUTURE AND GROWING DEMAND FROM A-I FACILITIES BY KEEPING ENERGY PRICES FIXED OVER THE NEXT DECADE.

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FOR STRAIGHT ARROW NEWS– I’M KARAH RUCKER.