Exelon Capital Partners, the energy services and marketing armof PECO Energy, and Orion Ltd., an international energy networkmanagement company, announced a partnership yesterday. The newcompany, called CIC Global, LLC, is an international technologycompany focused on providing real time energy and bill paymentinformation to residential and small commercial/industrialcustomers. CIC Global plans to reveal its products in Philadelphialater this year.

The partnership’s main goal is to give customers more controlover their energy use and payment options. Using the billing andpayment systems of Orion and the communication systems of Exelon,CIC Global said it will provide reliable two-way communication tothe customer’s electricity meter and open new channels for accessto information and services.

“Combining Exelon’s development of practical two-waycommunication capabilities to residential meters and CIC’scustomer-based experience allows us to jointly move more quicklyinto the rapidly changing residential and small business energyservices market.” said Robert A. Shinn, vice president of ExelonCapital Partners.

CIC Global will have its headquarters in Nashville, TN, withoffices in Philadelphia, PA, Christchurch, New Zealand, andBrisbane, Australia.

“This is an ideal product for the deregulated energy market,”said Jon R. Thomas, president of CIC Global. “Our experience inNorth America and New Zealand clearly demonstrates residentialcustomers value real time feedback on their energy usage andpayment options. Customers use the information to make informeddecisions on their energy consumption…Exelon’s two-waycommunication capability opens up numerous possibilities for energyservice providers to offer customized services and choices to theircustomers.”

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