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July 29, 2015 6:30 AM ET

Electric Utilities

Company Overview of Constellation Energy Resources, LLC

Company Overview

Constellation Energy Resources, LLC is engaged in the generation, delivery, and wholesale marketing of power. The company supplies power, natural gas, renewable energy, and energy management products and services for homes and businesses in the continental United States. It also offers energy solutions, including solar energy, energy efficiency, load response, and building and home solutions. Constellation Energy Resources, LLC serves commercial, industrial, public sector, government, and institutional customers in the United States and Canada. The company was incorporated in 2002 and is based in Baltimore, Maryland. Constellation Energy Resources, LLC operates as a subsidiary of Exelon Corp...

111 Market Place

Suite 500

Baltimore, MD 21202-3142

United States

Founded in 2002



Key Executives for Constellation Energy Resources, LLC

Chief Executive Officer
Age: 50
Chief Operating Officer - Retail
President of Constellation Retail
Age: 51
President of Wholesale Business
Chief Sales Officer and Senior Vice President
Compensation as of Fiscal Year 2015.

Constellation Energy Resources, LLC Key Developments

City of Cleveland Selects Constellation as Electricity Supplier

Constellation announced that it has been selected by the City of Cleveland, Ohio, to provide fixed-price electricity supply following a competitive bidding process under the state’s electricity choice, governmental aggregation program. The electricity supply agreement will provide price protection and 24-hour customer service to more than 60,000 Cleveland-area residents and small businesses. The program also supports the development of renewable energy resources through a 50% renewable energy mix through renewable energy credits. Electric service under the new agreement is scheduled to begin with August 2015 meter reads and continue through July 2017. The standard program includes a 50% renewable energy component (RECs) at a rate of $0.0701 per kilowatt-hour. Customers may decline the 50% renewable energy option and decrease the price to $0.0694 per kilowatt-hour. Additionally, customers have the option to match 100% of their electricity supply with RECs at a rate of $0.0708 per kilowatt-hour. Constellation will work with the City of Cleveland to notify all eligible customers of the new electric supply rate, terms and conditions, and their right to opt-out of the program. Residential and small commercial retail customers will have the right to opt-out of the aggregation program without penalty. Customers who do not opt out, but later choose to leave the program, can do so at any time within the two-year term without penalty.

Constellation Energy Resources, LLC Presents at DNV GL's 26th Retail Energy Executive Forum, May-05-2015 through May-08-2015

Constellation Energy Resources, LLC Presents at DNV GL's 26th Retail Energy Executive Forum, May-05-2015 through May-08-2015. Venue: Charleston Place Hotel, Charleston, South Carolina, United States. Presentation Date & Speakers: May-06-2015. May-07-2015, John Domagalski, Director, Retail Analytics, Joseph Nigro, Chief Executive Officer.

Constellation Retail Presents at DNV GL's 26th Retail Energy Executive Forum, May-07-2015 10:45 AM

Constellation Retail Presents at DNV GL's 26th Retail Energy Executive Forum, May-07-2015 10:45 AM. Venue: Charleston Place Hotel, Charleston, South Carolina, United States. Speakers: Mark Huston, President.

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