Public Power Pool (P3) has selected Constellation to supply its members with 2.7 million MWh of low-cost electricity following a competitive bidding process. P3 is one of the largest electricity aggregators in Texas, purchasing power for approximately 69 local governments and public entities.
According to P3, the three-year agreement with Constellation, beginning in 2014, provides a commodity supply rate to its members that is 31% lower than the commodity component of their electricity costs under their current contract.
“We are committed to finding, through rigorous competitive bidding, the best contract term and rate for electricity supply,” said Donald Lee, P3 executive director. “Constellation competed aggressively and won the business of our members.”
For more information, visit www.constellation.com.