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Viking Cold Solutions and Constellation to Offer Efficiency Made Easy Program to Commercial & Industrial Refrigeration Customers

February 5, 2019

HOUSTON--(BUSINESS WIRE)--Feb 5, 2019--Viking Cold Solutions, the leading Thermal Energy Storage (TES) provider, will work with Constellation, an Exelon (NYSE:EXC) company and a leading competitive energy provider, to offer its commercial and industrial refrigeration customers access to Constellation’s unique Efficiency Made Easy® (EME) program. The EME program helps businesses implement optimal energy conservation measures, such as Viking Cold’s TES systems, with no upfront capital expenditure. The cost for the upgrades is included in the monthly charges that appear on their Constellation power and gas supply bills.

In 2018, Constellation EME customers collectively saved 80,000 megawatt hours of electricity and prevented the emissions of 36,000 metric tons of carbon dioxide.

With refrigeration ranking as the third highest category in electricity consumption, the cold storage industry is a prime target for efficiency and demand management solutions. Frozen food manufacturers and distributors, grocers, and other retailers can all benefit from the efficiency gains and load shed capabilities of TES.

Viking Cold’s TES systems provide customers with a proven solution to meet their temperature requirements while managing the energy costs of their storage freezers. Viking Cold’s innovative application of Phase Change Materials combined with intelligent controls, and 24/7 remote monitoring increases energy efficiency an average of 26% and adds time-of-use flexibility to avoid demand-based pricing for up to 13 hours while improving temperature stability.

“We value companies like Constellation who are leaders in providing sustainable efficiency technology to their customers,” says James Bell, CEO of Viking Cold. “The Viking Cold team looks forward to assisting Constellation’s refrigeration customers to increase efficiency and reduce their environmental impact.”

About Viking Cold Solutions

Viking Cold Solutions is the leading thermal energy storage provider to the energy-intensive frozen/low-temperature cold storage industry. Viking Cold delivers cost-effective and flexible energy management services which preserve food and help reduce environmental impact. Its patented Thermal Energy Storage system with phase change material (PCM), intelligent controls, and 24/7 cloud-based monitoring, allows customers to reduce cold storage energy costs by up to 35 percent, or more, while improving their temperature stability and maximizing refrigeration efficiencies. Viking Cold Solutions’ TES systems have been Measured & Verified and incentivized by energy utilities across the U.S. and are currently in use around the world in grocery stores, low-temperature warehouses, and restaurants.

For additional information, please visit www.vikingcold.com.

About Constellation

Constellation is a leading competitive retail supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation’s family of retail businesses serves approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Baltimore-based Constellation is a subsidiary of Exelon Corporation (NYSE:EXC), the nation’s leading competitive energy provider, with 2017 revenues of approximately $33.5 billion, and more than 32,000 megawatts of owned capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. Learn more at www.constellation.com or on Twitter at @ConstellationEG.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190205005160/en/

CONTACT: Viking Cold SolutionsSales:

Viking Cold Solutions

Collin Coker, Vice President of Sales & Marketing

ccoker@vikingcold.com

+1 281.687.0919

Press:

Antenna Group for Viking Cold Solutions

Annick Bickson

vikingcold@antennagroup.com

+1 917.514.1280ConstellationDave Snyder

david.snyder@constellation.com

+1 410.470.9700

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: ENERGY UTILITIES TECHNOLOGY HARDWARE

SOURCE: Viking Cold Solutions

Copyright Business Wire 2019.

PUB: 02/05/2019 08:00 AM/DISC: 02/05/2019 08:00 AM

http://www.businesswire.com/news/home/20190205005160/en

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