FORT LAUDERDALE, Fla. – December 9, 2009 – Liberty Power, one of the fastest–growing retail electric providers in the United States, today announced that it has signed a 24–month contract with the City of Allentown to supply an estimated 7,200 megawatt–hours of power annually to the Pennsylvania city.
Beginning January 1, 2010, when rate caps in the PPL utility territory are lifted, Liberty Power will supply electricity to power certain government facilities including City Hall, police headquarters, the firehouses & fire academy, the City´s parks and other facilities. The contract was awarded through a competitive bid process facilitated by CX Energy MarketPlace, an energy management company and a business unit of Co–exprise, Inc. CX Energy MarketPlace´s experience and expertise in sourcing energy commodities for large organizations and governments aided the City in evaluating and selecting the best proposal from several qualified suppliers.
Originally founded to serve small and medium–sized businesses, Liberty Power quickly expanded and diversified its base of customers, and now has over six years of experience serving various municipalities and federal government customers.
“We are very pleased with our recent agreement with Liberty Power. Liberty Power was able to provide us with a low–cost, fixed–price contract, giving us the budget certainty we need, as well as cost–savings versus default supply rates,” said Ed Pawlowski, Mayor, City of Allentown.
The third largest city in Pennsylvania, Allentown and the cities of Bethlehem and Easton make up the bulk of the Lehigh Valley, which is the third largest metropolitan area in the state. Allentown is central to several of the Northeast´s and Mid–Atlantic´s larger metropolitan areas: 55 miles from Philadelphia, 96 miles from New York City, 75 miles from Wilmington, 85 miles from Harrisburg, and 152 miles from Baltimore.
“Liberty Power is honored to serve the City of Allentown and welcome them to our family of government customers,” said David Hernandez, CEO of Liberty Power. “We are proud to provide the City of Allentown and its taxpayers with both budget certainty and savings on their electric bills when compared to local utility supply rates.”
Headquartered in Fort Lauderdale, Florida, Liberty Power is one of only four national retail electric providers licensed in 16 or more states and is the only minority–owned, retail electric provider with a national presence. Currently serving tens of thousands of customers in New York, Texas, Maryland, New Jersey, Pennsylvania, Maine, Massachusetts, Connecticut, Illinois, Delaware, Rhode Island, and the District of Columbia, Liberty Power provides businesses, government entities, and residential customers with low–cost, reliable electricity and outstanding customer service. National customers include JCPenney, Bausch & Lomb, and New York Life, among others.