HOUSTON--(Business Wire)--
GDF SUEZ Energy Resources NA, the retail energy business of GDF SUEZ Energy
North America, has secured a new electricity supply and services contract with
Jeddo Coal Company, a Wilkes-Barre based operator of an anthracite coal mining
facility in Northeastern Pennsylvania.
GDF SUEZ Energy Resources initially contracted with Jeddo Coal in 2008,
providing Demand Response services to facilitate Jeddo Coal`s participation in
the PJM Interruptible Load for Reliability (ILR) program, in which participants
lower their electricity usage from the grid during peak periods to help lower
costs and alleviate stress on the grid. In preparation for the 2010 expiration
of rate caps in the Pennsylvania Power and Light (PPL) Electric Utilities
territory, GDF SUEZ Energy Resources has now contracted with the coal producer
to supply both Demand Response services and the electricity it needs to power
field operations at its mining facility near Hazleton, Pennsylvania starting in
January 2010.
"We`re very pleased with the confidence that Jeddo Coal has expressed in us by
expanding our supply relationship well in advance of the PPL rate cap
expiration," said Bob Wilson, President and CEO, GDF SUEZ Energy Resources, NA.
"We look forward to helping the company make the best electricity choices to fit
its business needs for years to come."
"Having worked with GDF SUEZ Energy Resources throughout the last year on our
Demand Response initiatives, I know firsthand that this is a provider I can
count on," said James Pagnotti, President, Jeddo Coal Company. "The supply desk
was very helpful when it came to pricing our energy, and it`s evident that GDF
SUEZ Energy Resources is a customer-focused company with a solid financial
history."
GDF SUEZ Energy Resources NA is the second largest non-residential retail energy
supplier in the U.S. and currently serves commercial and industrial customers in
11 markets: Delaware, Texas, Massachusetts, Maine, Maryland, New York, New
Jersey, Pennsylvania, Illinois, Connecticut, and Washington, D.C. The company
serves over 50,000 accounts for customers having a peak demand ranging from 50
KW to more than 200 MW, with an estimated peak load totaling over 8,000 MW.
To learn more about GDF SUEZ Energy Resources, visit www.rediscoverenergypa.com
or call 1-866-999-8374.
About GDF SUEZ Energy North America, Inc.:
GDF SUEZ Energy North America, Inc. manages a range of energy businesses in the
United States, Mexico, and Canada, including electricity generation and
cogeneration, natural gas and liquefied natural gas (LNG) distribution and
sales, asset-based trading and origination, and retail energy sales and related
services to commercial and industrial customers.
GDF SUEZ Energy North America owns and/or operates a total of 72 power,
cogeneration, steam, and chilled-water facilities, including those in
construction, representing a capacity of 7,750 MW of electricity generation, 6.0
million pounds per hour of steam, and 41,973 tons per hour of chilled water. The
company`s wholly owned subsidiary, Distrigas of Massachusetts, owns and operates
an LNG receiving terminal in Everett, Massachusetts, which began operations in
1971 and currently serves most of the gas utilities in New England and key power
producers, meeting approximately 20 percent of New England`s annual gas demand.
In addition, GDF SUEZ Energy North America has an offshore LNG import facility
under construction off the coast of Massachusetts.
GDF SUEZ Energy North America is part of the international energy group, GDF
SUEZ.
GDF SUEZ Energy North America
Julie Vitek, 713-636-1962
julie.vitek@gdfsuezna.com
Copyright Business Wire 2009
