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Constellation NewEnergy to Host Webinar on Electric Competition and the End of Pennsylvania Electric Rate Caps

^{Published on 2010-12-06 15:50:17 - Market Wire}
 

BALTIMORE--([ BUSINESS WIRE ])--With less than 30 days until rate caps expire throughout Pennsylvania,Constellation NewEnergy, a subsidiary of Constellation Energy (NYSE: CEG), will host a webinar at 11 a.m. on Dec. 7, 2010 to brief news reporters on the changes ahead for businesses and other consumers in the competitive energy marketplace. Speakers include:

• Pennsylvania Public Utility Commissioner Robert F. Powelson
• David Fein, vice president of Energy Policy for Constellation Energy
• Representatives from PECO Energy, Metropolitan Edison Company (Met-Ed) and Pennsylvania Electric Company (Penelec).

Rate caps will expire in the PECO, Met-Ed, Allegheny Energy and Penelec service territories beginning Jan. 1, 2011.

Reporters may register up until 45 minutes prior to the start of the event at: [ https://constellationenergy.webex.com/constellationenergy/onstage/g.php?t=a&d=668244621 ]

About Constellation Energy Group, Inc.

Constellation Energy ([ www.constellation.com ]) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located in the United States and Canada, totaling approximately 9,000 megawatts of generating capacity, and is among the leading advocates for new nuclear development in the United States. 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 $15.6 billion in 2009