CEG Constellation Energy Grp. Common Stock

Constellation NewEnergy Stands Out Among Electricity Suppliers in New York State BALTIMORE, March 1 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG) today announced that its subsidiary, Constellation NewEnergy, for the third consecutive year has distinguished itself in customer service among Energy Service Companies (ESCOs) in New York State. A recently completed annual report showed that Constellation NewEnergy, the largest supplier of competitive power to commercial and industrial customers in North America, posted no customer complaints in New York. In contrast, other ESCOs recorded 458 contacts filed at the New York State Public Service Commission. "We're very proud of this achievement because it validates the emphasis we place on providing service to our customers," said Deirdre Lord, vice president for Constellation NewEnergy's New York region. "I believe our regional business model, which ensures that local, knowledgeable professionals are addressing our customers' needs, is critical in accomplishing this achievement. We've dedicated ourselves to being the leader not only in terms of helping customers manage their electricity supply but in overall customer satisfaction as well." Constellation NewEnergy, a member of Constellation Energy, is a leading competitive supplier of electricity, natural gas and energy related services to commercial and industrial customers throughout North America. Constellation NewEnergy operates in all competitive energy markets throughout the United States and Canada, providing products that enable customers to effectively manage and control energy costs. Constellation NewEnergy's regional expertise coupled with its national presence provides customers with customized energy products and services while leveraging the assets of one of the strongest integrated energy companies in North America. Constellation NewEnergy, based in Baltimore, serves more than 8,000 commercial and industrial customers throughout 31 states and 3 Canadian provinces representing more than 12,000 megawatts of peak load and more than 300 billion cubic feet of annual natural gas consumption. Constellation Energy (http://www.constellation.com/), a Fortune 200 company based in Baltimore, is the nation's leading competitive supplier of electricity to large commercial and industrial customers and the nation's largest wholesale power seller. Constellation Energy also manages fuels and energy services on behalf of energy intensive industries and utilities. It owns or operates 107 generating units at 35 locations in 11 states totaling approximately 12,500 megawatts of generating capacity. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company, its regulated utility in Central Maryland. In 2004, revenues totaled $12.5 billion. DATASOURCE: Constellation Energy CONTACT: Larry McDonnell of Constellation Energy, +1-410-234-7433 Web site: http://www.constellation.com/ Company News On-Call: http://www.prnewswire.com/comp/084087.html

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