CEG Constellation Energy Grp. Common Stock

BALTIMORE, Dec. 1 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG) today announced that its subsidiary, Constellation NewEnergy, has signed a two-year power supply contract with the City of Rochester, New York. Under this agreement, Constellation NewEnergy will supply eight megawatts of peak load to the City of Rochester. Fifteen percent of the electric load will be supplied through Constellation NewEnergy's Green-e certified ElectricGreen(SM) product. The City of Rochester's City Hall will also be supplied by 100 percent green energy. The agreement with Constellation NewEnergy is expected to save the City of Rochester more than $450,000 over the contract period. Constellation NewEnergy's ElectricGreen product offers electricity supplied from low polluting sources including wind, solar, hydro, and biomass generating facilities. The benefits of using ElectricGreen include the reduction of greenhouse gases and other fossil fuel byproducts that contribute to global warming. For example, the direct environmental impact of this partnership is the equivalent of removing 1,600 vehicles from the roads. It also promotes local economic development by using in-state resources and power plants, and increases American energy independence by reducing reliance on foreign energy sources. "The City of Rochester is absolutely dedicated to supporting a clean and safe environment," said Mayor William Johnson Jr. "We chose to express this by selecting Constellation NewEnergy's ElectricGreen product, as a means of showing our commitment to the city's constituents and to the State of New York. We feel purchasing ElectricGreen is consistent with our objectives toward utilizing renewable energy as a low polluting energy source for our city." "Constellation NewEnergy is proud to offer ElectricGreen, a safe energy alternative that protects the environment," said Robert Weir, vice president for Constellation NewEnergy's New York Region. "We support our customers who are similarly conscientious and wish to proactively manage the source of energy they will use. Our customers can choose from 5 percent to 100 percent of their load to be provided by ElectricGreen. We give them the tools and they make the choice. We are pleased to partner with the City of Rochester to support them in their efforts to promote a clean environment." Located in western New York, Rochester is the third largest city in the state, with a population of approximately 220,000. Rochester was named an All-American City in 1998, and through neighborhood initiatives, new zoning laws and other policies, the city of Rochester and its citizens are bringing to life a comprehensive plan, Rochester 2010: The Renaissance Plan. The Big Three employers are the University of Rochester, Eastman Kodak Co., and Wegmans Food Markets Inc. Mayor William A. Johnson, Jr. has served this city since 1993. Green-e is the leading renewable energy certification and verification program in the U.S., and the Green-e logo is the national symbol for renewable energy excellence. The program provides independent, third party certification to ensure certified renewable energy meets strict environmental and consumer protection standards. Green-e's verification protects customers from paying for renewable energy that is "double sold" to other customers or used simultaneously to meet regulatory mandates. To learn more about Green-e certification, visit http://www.green-e.org/, or call 1-800-63-GREEN. Constellation NewEnergy (http://www.newenergy.com/), a member of Constellation Energy (NYSE:CEG), 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 Canada and the United States, 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 10,000 commercial and industrial customers throughout 31 states and 3 Canadian provinces representing more than 15,000 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 largest 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 a diversified fleet of more than 100 generating units located throughout the United States, totaling approximately 12,000 megawatts of generating capacity. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. In 2004, the combined revenues of the integrated energy company totaled $12.5 billion. DATASOURCE: Constellation Energy CONTACT: Larry McDonnell of Constellation Energy, +1-410-234-7433 Web site: http://www.constellation.com/ http://www.newenergy.com/ Company News On-Call: http://www.prnewswire.com/comp/084087.html

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