bge seed (smart energy for economic development) program
TRANSCRIPT
1
BGE: Bringing Value to our Communities
The Leading Gas and Electric Provider in Maryland
Founded: 1816 — nation’s first gas utility and one of the first electric utilities
Employees: 3,200 Customers Served: 1.25 million+ electric
and 650,000+ gas customers Region: State of Maryland
– Electric service ~2,300 square miles– Gas service ~800 square miles
2
BGE: At-a-Glance
BGE: A History of Safety, Reliability and Innovation 2016 marks 200 years of excellent
service, growth and innovation.– BGE supported and facilitated
Maryland’s growth into a national economic and educational leader.
– We continue to invest and innovate to meet the challenges of the next 200 years.
BGE is a subsidiary of Exelon Corporation, the nation’s leading competitive energy provider.
– Access to Exelon’s enterprise wide expertise
– Shares best practices with Exelon’s other utilities, PECO and ComEd
3
Who We Are
Scale and Strength in Our Service Territories
Service area Electric Customers Gas Customers
Anne Arundel County 243,549 103,415
Baltimore City 266,090 204,509
Baltimore County 365,060 220,174
Calvert County 7,864 n/a
Carroll County 58,231 15,789
Cecil County n/a 585
Frederick County n/a 1,059
Harford County 102,625 46,425
Howard County 126,127 59,839
Montgomery County 13,900 46
Prince George’s County 82,541 7,680
Maryland’s largest provider of electricity, serving 1.25 million+ electric customers, and the nation’s first provider of gas.
Services Maryland’s Major Population Centers
4
Who We Are
BGE and Economic Development History
Survey and Management
Development and
Construction
Engineering and Design
BGE and Economic Development Today
Thought Leadership
Charitable Contributions
Site Development
Energy Efficiency Consultation
Project Management
Supplier Diversity
VolunteerismWorkforce Development
Economic Impact
7
$3.8BILLIONBGE’s general operations produces an impressive economic output in the Greater Baltimore region.
$1B I L L I O N
Each year, BGE purchase material and services such as gas pipes, wire, poles, office supplies, safety equipment, janitorial services and more.
1:2
For every one full-time job BGE employs, another two indirect jobs are supported
10,000Through hiring and vendor & contract spending, BGE’s job sustainability support is significant.
$79 MILLIONBGE customers achieved key savings through our Smart Energy Savers program
1 1.53More than $3.5 MILLION was provided to charity in 2014. Every dollar contributed created another 53 cents for not profits.
25,000 HOURSBGE volunteers donated labor hours to countless charities
BGE supports Maryland’s economic development communities by:– Providing programs, services and the Smart Energy for
Economic Development (SEED) incentive to encourage eligible employers to keep, expand or launch new operations
BGE’s investments to strengthen our systems financially impact the region
– Spent more than $831.8 million in the region in 2015
More than $300 million paid in annual employee wages and benefits
Maryland and Maryland jurisdictional taxes in 2015 included:– > $294 million in non-pass through taxes, including nearly
$123 million in property tax
Helping Maryland’s Economy Thrive and Grow
8
A Driver of Maryland’s Economic Growth
9
Increased Employment
Rate
Sustained Consumerism
Thriving Businesses• Energy Management
• Economic Development
Incentives
• Reliability
• Energy-Efficiency
• New Business
Construction
• Supplier Diversity
The Importance of Economic Development
Smart Energy Savers Program through 2015 (C&I only)
Helped 32,000 Maryland businesses be more competitive
Support more than 1,000 contractor Reduced business lifecycle energy costs
by over $1 Billion Reduced total consumption by over
1,000,000 MWh, This is equivalent to*
– One Medium Sized Peak Power Plant
10
* Based on EPA calculations
Purpose of
Support state and local economic development agencies with tools to aid in
– Business Attraction– Expansion– Retention– Job creation
11
What is SEED
12
Smart Energy for Economic Development Program
Qualifying commercial customers will now receive a 25 percent reduction on their demand and distribution charges for both electric and natural gas service.
For qualifying enterprise zone customers - 75% waived of extension related construction charge.
NON ENTERPRISE500 kW of electric
demand per month and/ or 90,000 therms of
gas annually
ENTERPRISE ZONENo minimum load
requirement
Job Requirement 10 FTE’s 1 FTE
year 1 price reduction 25% 25%
year 2 price reduction 25% 25%
year 3 price reduction 25% 25%
year 4 price reduction 0 25%
year 5 price reduction 0 25%
Enterprise Zones within BGE Service Territory
13
BGE serves electric and/or natural gas in eight of the 28 Enterprise Zones
1. Baltimore City2. Cecil County3. Prince George’s County4. Chesapeake (Baltimore Co)5. Southwest(Baltimore Co)6. Federal Center at Woodlawn (Baltimore Co)7. Aberdeen / Havre de Grace (Harford Co)8. Edgewood (Harford)
Qualifications
• Completed Application
• Certified Letter of Eligibility
• Credit Score
• Property Tax Evaluation
• Registration with State of MD
• Financial Information
• Approval from local Economic
Development Agency
• Approval from State Economic
Development Agency
More Information
15
www.bge.com/economicdevelopment
www.bge.com/seed
Workforce Development
16
Partnership with local high school to develop a talent pipeline for entry level positions. Includes:
• Field Trips • Mentoring• Internship• Apprenticeship
Supplier Diversity
17
• $183M (22%) was spent with
minority, women or service-disabled,
veteran owned businesses
• $64 million of that amount spent
with businesses operating in
Maryland
Education and Awareness
18
• Annual Customer Meeting
• Energizing Business Growth Breakfast
• Leadership Forum
3,200 employees live in 18 Maryland counties and Baltimore City. BGE executives and employees serve on 130 local nonprofit boards. Employees dedicated 22,800 volunteer hours to our communities in 2015.
We are an Active Part of Our Community
22,800Volunteer hours
230Volunteer events
211Nonprofit organizations
served165Employees recognized
through volunteer grants
$67,000In grants on behalf of employee volunteers
130Nonprofit Board Seats
19
Dedicated to Supporting Our Communities
$4.5 million in grant support donated annually to non-profit organizations focused on:
– Education — The environment
– Arts and culture — Community development
Received Maryland Chamber of Commerce and Baltimore Business Journal Philanthropy Award for BGE’s Emergency Response and Safety Grant Program
Received Maryland Food Bank Corporate Volunteer Partner of the Year Award and Salvation Army Compassion in Action Award
72% of grants were classified as “diversity” in 2015
BGE Donated nearly $13 Million to Service Area Organizations since 2012
20
Dedicated to Supporting Our Communities