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Exelon Corporation : Constellation Energy Helps Postal Service Manage Energy Costs With Competitively Priced Energy in Four States

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04/02/2012 | 03:50pm CET

Contract Renewal Supports USPS Energy Management in Connecticut, Pennsylvania, Illinois and Ohio

Constellation Energy, a leading competitive energy supplier, today announced it has renewed an agreement to supply competitively priced energy to the U.S. Postal Service (USPS) in four states, helping the agency manage energy costs.

Under the 18-month contract, Constellation will supply more than 420 million kilowatt hours of electricity to the USPS in Connecticut, Pennsylvania, Illinois and Ohio. Constellation also supplies electricity to USPS offices in Maine, New York and Massachusetts.

"Constellation Energy is pleased to renew this contract and leverage our considerable energy management experience with multiple public sector organizations to help the Postal Service manage energy costs and focus resources on delivering critical services to customers," said Louis Hutchinson, Constellation vice president of Public Sector and Energy Efficiency.

Constellation Energy is the leading commercial and industrial electricity retailer in the U.S., delivering services that control costs, create budget certainty, and improve sustainability for customers. Constellation Energy also serves more than 150 federal government sites that include the U.S. Capitol and the Smithsonian Institution.

About Exelon

Exelon Corporation (NYSE:EXC) is the nation's leading competitive energy provider, with approximately $33 billion in annual revenues. Headquartered in Chicago, Exelon has operations and business activities in 47 states, the District of Columbia and Canada. Exelon is the largest competitive U.S. power generator, with approximately 35,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. The company's Constellation business unit provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers. Exelon's utilities deliver electricity and natural gas to approximately 6.6 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Learn more at: www.exeloncorp.com.

Constellation Energy
Maureen Brown, 410-470-9700

© Business Wire 2012
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Financials ($)
Sales 2017 31 722 M
EBIT 2017 5 237 M
Net income 2017 2 506 M
Debt 2017 36 503 M
Yield 2017 3,65%
P/E ratio 2017 13,63
P/E ratio 2018 12,54
EV / Sales 2017 2,20x
EV / Sales 2018 2,16x
Capitalization 33 219 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 38,7 $
Spread / Average Target 7,4%
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Christopher M. Crane President, Chief Executive Officer & Director
Mayo A. Shattuck Independent Chairman
Jonathan W. Thayer Chief Financial Officer & Senior Executive VP
Michael R. Koehler Chief Information & Digital Officer
John Washington Rogers Independent Director
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