McCormick Achieves Net-Zero Energy Use with Constellation Energy

BALTIMORE, Apr 16, 2012 (BUSINESS WIRE) --McCormick & Company, Inc. (NYSE: MKC) and Constellation Energy, a business unit of Exelon (NYSE: EXC), today announced that McCormick's 363,000-square-foot distribution center in Belcamp, Md., now generates more electricity than it uses.

The center is considered a net-zero energy building, which means it produces as much or more electricity than it consumes from the grid. For McCormick's Belcamp facility, this was achieved through energy conservation measures implemented by McCormick and the installation of a 1.8-megawatt rooftop solar power system from Constellation Energy in 2011. Constellation Energy currently owns and operates more than 100 megawatts of solar installations that have been completed or are under construction for commercial and government customers throughout the United States.

"This is a milestone for our solar power projects and represents tangible evidence of our robust corporate social responsibility efforts," said Jeff Blankman, sustainable manufacturing manager for McCormick. "During a five-year period we were able to reduce electricity use at Belcamp by 55 percent through energy efficient interior and exterior lighting, occupancy sensors, HVAC upgrades, and energy efficient pallet conveyors. With the addition of hosting solar power, the facility generated a surplus of more than 16,000 kilowatt-hours of electricity in a one-year period. McCormick's Belcamp distribution center reinforces that net-zero energy use is achievable and affordable for large commercial buildings."

Constellation Energy built, owns and maintains the solar power system at the Belcamp facility as well as a nearly 1-megawatt solar installation at McCormick's Spice Mill in Hunt Valley, Md., and a smaller solar installation at McCormick's corporate headquarters building in Sparks, Md. McCormick purchases all of the electricity generated by the solar panels at less than current market rates under separate 20-year power purchase agreements. To view a brief video about the role that solar plays in McCormick's sustainability efforts click here.

"On-site solar generation is an economic and practical way for more and more companies to achieve their sustainability goals and control their electricity costs," said Michael D. Smith, vice president of solar and efficiency sales for Constellation Energy. "Additionally, through conservation measures, which are essential to any effective energy management strategy, businesses can realize further savings. In many cases, Constellation can offer its customers the ability to bundle the costs of energy efficiency upgrades with their electricity spend, allowing them to leverage existing operational budgets for needed capital improvements."

By structuring its solar projects as solar services agreements or power purchase agreements, Constellation Energy requires no upfront capital from its customers and is able to provide power at a fixed cost that is less than projected market rates.

Constellation's commercial customers, universities, school systems, hospitals and government agencies interested in energy efficiency or on-site solar installations of 1 megawatt or larger may contact Constellation Energy at sustainable-solutions@constellation.com or 1-877-427-2005.

About McCormick

McCormick & Company, Incorporated is a global leader in flavor. With more than $3 billion in annual sales, the company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry - retail outlets, food manufacturers and food service businesses. Every day, no matter where or what you eat, you can enjoy food flavored by McCormick. McCormick Brings Passion to Flavor(TM). To learn more please visit us at www.mccormickcoporation.com.

About Exelon

Exelon Corporation (NYSE:EXC) is the nation's leading competitive energy provider, with approximately $33 billion in annual revenues. Headquartered in Chicago, Exelon has operations and business activities in 47 states, the District of Columbia and Canada. Exelon is the largest competitive U.S. power generator, with approximately 35,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers. Exelon's utilities deliver electricity and natural gas to approximately 6.6 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO).

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SOURCE: Constellation Energy and McCormick & Company, Inc.

McCormick
Jim Lynn, 410-771-7803
jim_lynn@mccormick.com
or
Constellation Energy
Kelly Biemer, 410-470-9700
kelly.biemer@constellation.com