BALTIMORE, June 29 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE: CEG) today announced that its subsidiary, Constellation NewEnergy,
Inc., has finalized an electricity purchase contract with more than 500 non-
profit accounts, including the North Texas Conference of the United Methodist
Church, the Catholic Diocese of Fort Worth, Methodist Health System, and
Methodist Children's Home.
Cogdill Energy Consultants, a consulting firm based in Euless, Texas,
represented the non-profits in negotiations with Constellation NewEnergy.
The North Texas Conference of the United Methodist Church represents 299
accounts; Catholic Diocese of Fort Worth, 195 accounts; Methodist Health
System, 19 accounts; and Methodist Children's Home, 30 accounts. Six other
Texas churches served by Constellation NewEnergy are also represented by
Cogdill.
"Non-profit organizations can realize significant savings by exploring
their energy use options," said David Bat, vice president for the Texas Region
of Constellation NewEnergy. "Cogdill Energy Consultants has been instrumental
in helping these organizations understand the benefit of choosing their retail
electric provider."
"Cogdill Energy went through a rigorous process to find a provider who can
deliver cost savings with exceptional customer service," said Trenton Cogdill,
president of Cogdill Energy Consultants. "We selected Constellation NewEnergy
because of their proven track record in delivering exceptional customer
service to non-profit organizations."
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 provide 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 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.
SOURCE Constellation Energy
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