WASHINGTON--(BUSINESS WIRE)--WGL, which has provided energy solutions to the District of Columbia for more than 165 years, has been selected to supply approximately 400,000 megawatt hours (MWh) of electricity to more than 700 city government accounts. Service to these accounts started this month.
"We are pleased to have been selected by the District as the supplier for city government accounts."
The Electricity Service and Supply Contract awarded by the D.C. Department of General Service (DGS) to WGL Energy Services provides a flexible way to ensure electricity powered by a complete ecosystem of energy sources, including renewables such as solar and wind.
"We are pleased to have been selected by the District as the supplier for city government accounts," said Louis J. Hutchinson, Vice President and Chief Revenue Officer for WGL, the parent company of WGL Energy. "By continuing – and expanding – our relationship with a key energy customer and partner, WGL is helping the District manage energy as an asset by becoming more energy efficient, reducing volatility and lowering its carbon footprint."
"Transitioning from a 100 percent fixed price, full-requirements purchasing contract to a block and index strategy saves taxpayers money, while enabling the District government to integrate renewable and cost-saving wind power into our electricity supply," said Mark Chambers, Sustainability and Energy Management Director at DGS.
Under the new strategy, DGS will purchase blocks of electricity at fixed rates and the remaining portion on the PJM real-time market. The strategy provides a highly structured and progressive approach to purchasing energy, which mitigates market volatility and helps stabilize energy costs over time.
About WGL Energy
WGL Energy is an entity that delivers a full ecosystem of energy offerings including natural gas, electricity, green power, carbon reduction, distributed generation and energy efficiency provided by WGL Energy Services, Inc. (formerly Washington Gas Energy Services, Inc.) and WGL Energy Systems, Inc. (formerly Washington Gas Energy Systems, Inc.). To learn more, visit us at www.wglenergy.com or call 1-844-4ASK-WGL (1-844-427-5945).
WGL (NYSE-WGL), headquartered in Washington, D.C., is a leading source for clean, efficient and diverse energy solutions. With activities and assets across the U.S., WGL consists of Washington Gas, WGL Energy, WGL Midstream and Hampshire Gas. WGL Energy delivers a full ecosystem of energy offerings including natural gas, electricity, green power, carbon reduction, distributed generation and energy efficiency provided by WGL Energy Services, Inc. (formerly Washington Gas Energy Services, Inc.), WGL Energy Systems, Inc. (formerly Washington Gas Energy Systems, Inc.) and WGSW, Inc. WGL provides options for natural gas, electricity, green power and energy services, including generation, storage, transportation, distribution, supply and efficiency. Our calling as a company is to make energy surprisingly easy for our employees, our community and all our customers. Whether you are a homeowner or renter, small business or multinational corporation, state and local or federal agency, WGL is here to provide Energy Answers. Ask Us. For more information, visit us at www.wgl.com.
The mission of the DC Department of General Services is to elevate the quality of life for the District with superior construction, first-rate maintenance and expert real estate management. By building and maintaining safe and green state-of-the-art facilities that foster economic growth and elevate educational environments, our trusted and skillful employees create modern and vibrant communities across the District of Columbia. The DGS Sustainability and Energy Division (DGS-SE) is responsible for managing the expenditures and sustainable consumption of a wide range of commodities and resources used in the construction, operation, and maintenance of the District's real estate portfolio. The DGS portfolio provides workspace to more than 75 agencies, serves more than 100,000 occupants each weekday, and is composed of 30 million square feet of space across 400+ buildings.
Jim Monroe, 202-624-6620
Douglas Bonawitz, 202-624-6129