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Article: More Businesses Teaming on Energy Purchases Through Boston Buying Power Program.
- Article from:
- Energy Business Journal
- Article date:
- November 13, 2009
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In the eleven months since Mayor Thomas M. Menino announced the formation of Boston Buying Power, hundreds of Boston's small businesses have teamed together to purchase electricity and control energy costs on the open market. In a recent example of Boston Buying Power program participants gaining access to energy prices and plans not normally available to individual small businesses, retail energy provider Constellation NewEnergy, a subsidiary of Constellation Energy (NYSE: CEG) signed 178 businesses to an aggregated electricity supply agreement for 117,000,000 kilowatt-hours of electricity. The agreement gives participating businesses access to fixed pricing for a year ...