Constellation Energy's Trusted Brand Attracts Residential Electric Customers in Illinois, Drives National Growth Beyond 1 Million Customers
Homeowners and renters can reduce home electric supply rates and join
more than 316,000 Illinois residential consumers who have chosen an
alternative electric supplier
One year ago today, Constellation Energy (NYSE: CEG), the
nation's leading competitive electricity supplier to business and public
sector customers, began offering Illinois residents an easy way to get
low energy rates and embrace green energy by choosing Constellation as
their home electricity supplier.
Today, thousands of Illinois homeowners and renters have taken advantage
of Constellation's offers to save on home electric rates, and in the
process helped Constellation surpass its goal of more than 1 million
residential customers nationwide. As a national competitive energy
supplier able to leverage energy market prices, Constellation is
currently offering to Illinois' ComEd and Ameren residents home
electric supply rate savings up to 22 percent and 18 percent off of
Ameren's and ComEd's current rates, respectively.*
"Constellation is thrilled that Illinois residential consumers have
responded to the low rates and trusted Constellation brand already known
to thousands of Illinois business and government customers we have been
serving for the past decade," said Bruce Stewart, chief marketing
officer for Constellation's Retail business. "We continue to offer low
home electric rates in Illinois and are particularly gratified that we
can help meet the demand for green
energy among a wide range of customers."
In addition to meeting the residential customer desire for green energy
supply, Constellation has worked closely in the past year with Chicago's
storied sports franchises to enhance environmental stewardship.
"The Chicago Bears, White Sox and Chicago Cubs all embraced the
opportunity to advance clean energy this past year through
Constellation's sponsorship of ‘green games' that avoided tons of carbon
dioxide emissions," said Stewart. "We're looking forward to continuing
that tradition with green games on April 1 and 2 for the Chicago
Blackhawks and Chicago Bulls."
Constellation supports the sports teams' sustainability goals through
"green games" by purchasing Green-e Energy Certified renewable
energy certificates (RECs) to match the electricity use on each game
day. RECs represent the environmental benefit of electricity generated
by wind and therefore avoid carbon dioxide emissions.
Stewart noted that Constellation has also given new residential
customers more than $5 million in gift card incentives nationwide. New
residential customers who refer
a friend may be eligible to receive a $25 gift card.
The offer to Illinois homeowners and renters is made by Constellation
NewEnergy, Inc., a wholly owned subsidiary of Constellation Energy
Group, Inc. Consumers may find out more at home.constellation.com
or by calling 866.577.4700 to sign up by phone.
The Illinois Commerce Commission (ICC)
is the state agency that oversees the competitive retail electric market
in Illinois. Additional information about customer choice and
competition in the Illinois retail electric market can be found on the
Illinois Commerce Commission's website at: http://www.pluginillinois.org/.
*AMEREN'S AND COMED'S RATES ARE SUBJECT TO CHANGE AND, THEREFORE, WE
CANNOT GUARANTEE SAVINGS OVER THE FULL TERM OF OUR PRICE
PLANS. Constellation's prices do not include any taxes, utility
distribution charges or other utility fees, charges or credits. In
Ameren's service territory, estimated savings are based on Ameren's
current BGS residential (non-electric space heating) rate of 6.685 cents
per kWh in effect Oct. 1, 2011 — May 31, 2012 for Ameren Rate Zone I.
Actual savings will depend on the Ameren rate zone in which customer
resides, as shown on customer's Ameren invoice. Customers on Ameren's
BGS residential (electric space heating) rate will not save. In ComEd's
service territory, estimated savings are based on ComEd's current Price
to Compare (PTC) for BES residential (non-electric space heating) rate
of 7.751 cents per kWh in effect Oct. 1, 2011 — May 31, 2012, which
includes an Electricity Supply Charge of 6.986 cents and a Transmission
Services Charge of 0.765 cents. ComEd also invoices its customers for
Purchased Electricity Adjustment (PEA), which may be a charge or a
credit, and is not included in ComEd's PTC. Customers on ComEd's
BES residential (electric space heating) rate will not save. For
additional information on our price comparison, visit home.constellation.com.
About Constellation Energy
Constellation Energy (www.constellation.com)
is a leading competitive supplier of power, natural gas and energy
products and services for homes and businesses across the continental
United States. It owns a diversified fleet of generating units, totaling
approximately 12,000 megawatts of generating capacity, and is a leading
advocate for clean, environmentally sustainable energy sources, such as
solar power and nuclear energy. The company delivers electricity and
natural gas through the Baltimore Gas and Electric Company (BGE), its
regulated utility in Central Maryland. A FORTUNE 500 company
headquartered in Baltimore, Constellation Energy had revenues of $13.8
billion in 2011.
Constellation EnergyMedia Contact:Maureen Brown,
410-470-7433orInvestor Contact:Sandra Brummitt,
Source: Constellation Energy
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