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Main Line Chamber of Commerce Selects Constellation NewEnergy as its Preferred Energy Provider

^{Published on 2010-12-09 10:10:54 - Market Wire}
 

WAYNE, Pa.--([ BUSINESS WIRE ])--The Main Line Chamber of Commerce today announced it has selected Constellation NewEnergy Inc., a subsidiary of Constellation Energy (NYSE: CEG), as the preferred energy provider for its members. The chambera™s selection of Constellation NewEnergy will provide members with the tools to manage their financial risks when rate caps expire in the PECO service territory on Dec. 31, 2010.

"We are excited to present our members with the many opportunities Constellation NewEnergy offers"

aWe are excited to present our members with the many opportunities Constellation NewEnergy offers,a said Bernard Dagenais, president and CEO of the Main Line Chamber of Commerce. aWe selected the company as our preferred energy provider because we want to offer our members the best available service. Our relationship with Constellation NewEnergy will give members access to unique energy service plans and critical energy market information.a

Constellation NewEnergy has established similar programs with trade associations and other chambers throughout Pennsylvania and nationwide. The Main Line Chambera™s relationship with Constellation NewEnergy will give members access to a variety of energy management opportunities. By analyzing energy usage and the needs of each unique business, Constellation NewEnergy can offer products that align with each organizationa™s goals.

aConstellation NewEnergy is proud to provide the members of the Main Line Chamber of Commerce with this exceptional program, which will supply members with the tools to purchase and manage energy in the changing electricity market,a said Brian Weatherford, vice president of sales for Constellation NewEnergy.

Main Line Chamber members will also have access to Constellation NewEnergya™s other electric service products, such as participating in demand response programs that compensate businesses for reducing electricity usage during periods of peak demand on the grid. In addition, the renewable energy products offered through the program provide businesses with effective ways of meeting their sustainability objectives. Members also can utilize NewEnergy Online, Constellation NewEnergya™s comprehensive suite of Web-based tools that businesses can use to help further manage their costs, reduce their overall usage and receive up-to-date energy market information.

For more information about Constellation NewEnergya™s programs, visit [ www.newenergy.com/PA ].

About Constellation NewEnergy

Constellation NewEnergy ([ www.newenergy.com ]) is a leading competitive supplier of electricity, natural gas and energy-related services to commercial, industrial and institutional customers throughout the United States. A subsidiary of Constellation Energy (NYSE: CEG), Constellation NewEnergy operates in all competitive energy markets throughout the U.S., providing products that enable customers to effectively manage and control energy costs.

About Constellation Energy

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 the development of new nuclear plants in the United States. The company delivers electricity and natural gas through 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.