Our vision is to be the first-choice provider for customers seeking energy solutions in the complex and changing energy marketplace.

Constellation Energy is...

• A Fortune 125 competitive energy company based in Baltimore.
• The nation’s leading supplier of competitive electricity to large commercial and industrial customers.
• One of the nation’s largest wholesale power sellers.
• A major generator of electricity with a diversified fleet of power plants strategically located throughout the United States.
• A regulated distributor - our Baltimore Gas and Electric utility - of electricity and natural gas in Central Maryland.

Our foundational values - integrity, teamwork, social and environmental responsibility, and customer focus - guide our actions.

Our performance values - speed, accountability, passion for excellence, and creation of value - measure our results.

2007 Highlights

• Provided a 52 percent total return to shareholders, assuming reinvestment of dividends.
• Earned $4.60 per share, excluding special items and non-qualifying hedges, up 27 percent from $3.61 per share in 2006.
• Grew revenues to $21 billion.