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Northern Virginia Electric Cooperative Enters into a Multi-Year Agreement with Customized Energy Solutions

Manassas, Va. and Philadelphia, Pa. – The Northern Virginia Electric Cooperative this week entered into a multi-year agreement with Customized Energy Solutions, a consulting and energy services company, to provide services related to its power supply operation. CES has been consulting with NOVEC for the past year.

“We are satisfied with the results CES has achieved so far on our behalf, and are pleased to expand our partnership,” says Stan Feuerberg, NOVEC’s president and CEO.  “CES’s team understands energy markets and has been integral to our success in managing our power supply resources,” Feuerberg adds.

“CES has assisted us to achieve our goal of saving our customers money by optimizing our resource portfolio,” notes Michael Dailey, NOVEC vice president of business development.

The services CES provides NOVEC include consultation, procurement, and implementation of generation assets to supply electricity for the cooperative’s 142,000 customer-owners.

“We have greatly appreciated working with NOVEC and look forward to building upon that relationship,” says Stephen Fernands, CES’s president and CEO. “Customized Energy Solutions assists clients in understanding the wholesale and retail energy markets and then implementing solutions that best meet our clients’ needs. This agreement increases our ability to offer a wider range of services to our existing and future clients.”

About NOVEC

Northern Virginia Electric Cooperative is a not-for-profit corporation that distributes electricity and energy services to approximately 142,000 customers in Fairfax, Fauquier, Loudoun, Prince William, Stafford, and Clarke counties, and the City of Manassas Park, making it one of the largest electric distribution cooperatives in the nation. For more information about NOVEC, visitwww.novec.com or call 703-335-0500 or 1-888-335-0500.

About CES

Customized Energy Solutions is a privately held corporation headquartered in Philadelphia, Pa.  Founded in 1998, its 50 employees are located in six regional offices throughout the U.S.  Customized Energy Solutions provides market knowledge, analysis, and service to more than 100 clients throughout the energy industry. For more information about Customized Energy Solutions, visitwww.ces-ltd.com or call Bill Schofield, vice president of corporate development, at 317-706-6706 or bschofield@ces-ltd.com.