Allegheny Energy to supply power to federal agencies in Pennsylvania.GREENSBURG, Pa.--(BUSINESS WIRE)--Dec. 7, 1998--Allegheny Energy, one of the lowest-priced energy supply companies in the region, was recently awarded a contract by the U.S. General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. (GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. ) to supply electricity to federal agencies and non-profit organizations throughout Pennsylvania. The contract, which becomes effective Jan. 1, 1999, represents a successful energy management initiative by GSA's Mid-Atlantic Region to combine the energy requirements of 24 federal agencies and four non-profit organizations, using their collective buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. to negotiate a competitive price for the electricity needed to serve them. In this deal, nearly $4.5 million in savings will be shared by such federal agencies as the Veteran's Administration Hospitals, Army Corps of Engineers, NIOSH/Bureau of Mines, U.S. Park Service, Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control , Department of Treasury, the Environmental Protection Agency Environmental Protection Agency (EPA), independent agency of the U.S. government, with headquarters in Washington, D.C. It was established in 1970 to reduce and control air and water pollution, noise pollution, and radiation and to ensure the safe handling and , U.S. Postal Service The U.S. Postal Service (USPS) processes and delivers mail to individuals and businesses within the United States. The service seeks to improve its performance through the development of efficient mail-handling systems and operates its own planning and engineering programs. , GSA, and others. Allegheny Energy Allegheny Energy (NYSE: AYE) is a traditional public utility based in the Pittsburgh suburb of Greensburg. It services communities in Western Pennsylvania, Western Maryland, Northern West Virginia, Northwest Virginia. was selected from a field of eight bidders to provide more than 120 million kilowatt-hours of electricity annually to federal agencies throughout the state. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. GSA officials, the Pennsylvania purchase, to date, is the "single most successful contract" for procuring electricity for the federal government in any of the states that have opened their doors to competition in the electric industry. "GSA is pleased to offer savings of this magnitude to federal government installations in Pennsylvania, as well as the American taxpayers," said Jim Smith There are several famous people with the name Jim Smith, including:
Allegheny Energy/GSA Add One "The GSA contract is an excellent example of the competitive electricity market at work," said Thomas Krizmanich, Allegheny Energy's sales manager for the Southeast Region in Pennsylvania. "Working with GSA as an energy partner, we were able to offer a competitive price for our energy supply across a wide variety of load classifications and provide real savings. "By being awarded this contract, we have clearly demonstrated that Allegheny Energy is competitive throughout Pennsylvania," Krizmanich added, "and we will continue to look for opportunities to establish Allegheny Energy as a premiere energy supplier throughout the country as other markets open up." GSA, headquartered in Washington, D.C., with a regional office in Philadelphia, is one of 6 three central management agencies in the federal government. Its mission is to provide expertly managed space, supplies, services, and solutions at the best value, enabling Federal employees to accomplish their missions. Allegheny Energy, an energy supply business, markets competitive electric generation to retail and wholesale customers throughout the eastern United States. Headquartered in Greensburg, Pa., it is a division of a Pennsylvania subsidiary of Allegheny Energy, Inc. For more information, visit the Allegheny Energy website at http://www.allegheny energy.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion