Allegheny Energy chosen to supply power to Brandywine Realty Trust Properties.

GREENSBURG, Pa.--(BUSINESS WIRE)--Dec. 9, 1998--Allegheny Energy, one of the lowest-priced energy supply companies in the region, was recently chosen by Brandywine Realty Trust to supply electricity to its commercial properties in eastern Pennsylvania.

Under the contract, which becomes effective Jan. 1, 1999, Allegheny Energy will be the supplier of choice for 120 commercial properties in the Reading, Harrisburg, and suburban Philadelphia areas, representing more than 76 million kilowatt-hours of electrical load annually.

By switching to Allegheny Energy, Brandywine will save approximately $1.4 million annually, according to company officials.

"Our goal at Brandywine Realty Trust was to aggregate or consolidate the electricity usage at multiple sites across the state in order to leverage our buying power," said Barbara Yamarick, Brandywine's vice president of tenant services and property management. "We were impressed with Allegheny Energy's competitive pricing and flexible response to our energy needs. In addition, Allegheny Energy has the ability to provide competitive prices on electricity for our other Pennsylvania tenants."

Since the Pennsylvania ElectriChoice program began this summer, there were many electric generation suppliers vying for Brandywine's business, according to EPEX, an energy purchasing consultant. "EPEX worked closely with Brandywine Realty Trust to develop decision criteria for selection of an energy supplier," said Sandy Barber, a principal of EPEX.

"Ultimately, there were three key factors in selecting Allegheny Energy as the electricity supplier of choice," said Barber. "By combining Brandywine's properties into a single energy purchase, Allegheny Energy was able to offer competitive prices typically reserved for large industrial customers. Allegheny Energy's reputation and experience in the wholesale and retail electricity marketplace also eased Brandywine's transition to competitive electricity purchasing. Also, Allegheny is developing a program with Brandywine that will pass along significant savings to their tenants and provide a value-added benefit to attract new tenants."

"The Brandywine deal is an excellent example of how competition in the electric utility industry can work in the best interests of Pennsylvania businesses," said Thomas Krizmanich, Allegheny Energy's sales manager for the Southeast Region of Pennsylvania. "By forming an energy partnership with Brandywine Realty Trust and EPEX, we were able to create efficiencies in the business and provide real savings at the same time.

"We are pleased to be working with Brandywine and EPEX," said Krizmanich, "and will continue to look for opportunities to establish Allegheny Energy as a premiere energy supplier in the country as other markets open up."

Brandywine Realty Trust, with headquarters in Newtown Square, Pa., and regional offices in Lawrenceville and Mt. Laurel, N.J.; Long Island, N.Y.; and Bucks County, King of Prussia and Reading, Pa., is one of the Mid-Atlantic region's largest full-service real estate companies with 268 commercial and industrial properties containing more than 18.4 million rentable square feet. For more information, visit the Brandywine website at http://www.brandywinerealty.com/

EPEX, an independent energy procurement consultant in the Mid-Atlantic region, provides purchasing services designed to maximize energy savings through negotiating with multiple suppliers and leveraging the buying power of large industrial and commercial businesses. For more information, visit the EPEX website at http://www.epex.com/

Allegheny Energy, an energy supply business, markets competitive electric generation to retail and wholesale customers throughout the eastern United States. Headquartered in Greensburg, Pa., Allegheny Energy is a division of a Pennsylvania subsidiary of Allegheny Energy, Inc. For more information, visit the Allegheny Energy website at http://www.alleghenyenergy.com/