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BOMA Selects PG&E Energy Services to Supply Electricity.


SAN FRANCISCO--(BUSINESS WIRE)--Nov. 13, 1997--PG&E Energy Services announced today that it has been chosen by the San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  chapter of the Building Owners and Managers Association This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  (BOMA Boma (bō`mə), city (1984 pop. 197,617), Bas-Congo province, W Congo (Kinshasa), on the Congo River estuary. A port and railhead, it exports tropical timber, bananas, cacao, and palm products. ) to supply power and other energy services to its members in Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern .

PG&E Energy Services will supply electricity at a guaranteed discount to the local utility company's price, as well as metering and consolidated billing services, to more than 120 buildings throughout San Francisco, San Mateo San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Sonoma and Marin counties. The amount of guaranteed discount each participant receives will depend on the length of each supply contract, which participants will be able to choose. The total revenue associated with the deal is estimated at up to $110 million.

Participation in the program will not be restricted to BOMA - San Francisco chapter members. For a participation fee, other building owners and managers outside the chapter's four-county area will also be able to sign up for the guaranteed discount offer.

The sign-up period for the offer will begin November 21, and will continue through December 31. The discount program begins January 1, 1998, when California's previously regulated industry is opened to competition.

"Of all the potential suppliers we evaluated, PG&E Energy Services offered the most creative proposal, with a hassle-free approach and significant long-term benefits to our members," said Ken Cleaveland, BOMA - San Francisco's Director of Governmental Affairs. "We're delighted to present this opportunity to building owners and managers throughout the Bay Area."

"This arrangement is a good example of the benefits that energy deregulation Deregulation

The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.

Notes:
Traditional areas that have been deregulated are the telephone and airline industries.
 will bring to businesses throughout California," said Tony Harris, Regional Vice President for PG&E Energy Services. "We're hopeful that many businesses in the real estate industry will see how this offer will save them money, reduce their operating costs operating costs nplgastos mpl operacionales , and ultimately increase their profits."

BOMA represents thousands of commercial building owners and managers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and internationally, and offers educational programs and advocacy services to its members. In San Francisco alone, property owned or managed by BOMA members comprises 55 million square feet of the city's 70 million square feet of available office space.

An unregulated subsidiary of PG&E Corporation, PG&E Energy Services provides commercial and industrial customers competitively-priced natural gas and electricity plus comprehensive, customized services to manage and reduce their energy costs. Examples of service offerings include discounted electricity and natural gas, regulatory and tariff consultation, site audits, energy efficiency retrofits, power quality solutions, billing options and other energy/information management programs.

PG&E Energy Services is based in San Francisco, with offices in Atlanta; Bethesda; Boulder; Cedar Knolls, NJ (Metropolitan New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
); Chicago, Columbia, SC; Costa Mesa, CA (Metropolitan Los Angeles); Houston; Little Rock; Oakland; Phoenix; Pittsburgh; Portland; and Tulsa. The company is also opening additional sales offices in Albany; Baltimore; Boston; Charlotte; Columbus; Garden City, NY; Kansas City; Philadelphia; San Jose; Stockton, CA; and Waterbury, CT.

PG&E Corporation, an energy-based holding company headquartered in San Francisco, is one of the largest investor-owned energy companies in the country and the parent company of Pacific Gas and Electric Company
For the rock music band article, see Pacific Gas & Electric (band).


The Pacific Gas and Electric Company (PG&E) , (NYSE: PCG), is the utility that provides natural gas and electricity to most of Northern California.
, a utility serving more than 13 million people in Northern and Central California. Through its subsidiaries and their affiliates, PG&E Corporation markets energy services throughout North America and Australia. -0-

Note to Editors: For more information about PG&E Energy Services, please visit our website at www.pgees.com.

CONTACT: Pacific Gas and Electric

Diane Sable sable, species of marten, Martes zibellina, found in Siberia, N European Russia, and N Finland. This carnivorous mammal is highly valued for its thick, soft fur, which is dark brown or black, sometimes with white underparts and sometimes flecked with silver. , 415/677-4855
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 13, 1997
Words:572
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