Exelon Corporation : Preferred Supplier Constellation Energy Offers Fixed Rate Stability to New Philadelphia Natural Gas Consumers
04/23/2012| 12:30pm US/Eastern
Constellation encourages residents to sign up by May 4 for
Constellation Energy, a leading competitive retail energy provider and
natural gas supplier to the city of New Philadelphia, Ohio, has
announced new fixed rates for city consumers to help them manage their
winter heating bills.
"We are pleased to offer the citizens of New Philadelphia a fixed rate
that gives them price stability in a volatile market," said Bruce
Stewart, chief marketing officer for Constellation, which, through its
affiliates, was selected a year ago as New Philadelphia's preferred
natural gas supplier.
Constellation has set a fixed rate of $4.95 per thousand cubic feet
(Mcf) for billing cycles from June 2012 through May 2013. Constellation
encourages customers to enroll by May 4, 2012 to ensure they reap the
full advantage of starting the program with the June 2012 billing cycle.
New Philadelphia Mayor Mike Taylor encouraged community participation in
the program. "The Constellation program provides the community with
price certainty, at a time when energy prices are fluctuating," Taylor
Current program members will automatically get the new rate. Residents
and small businesses in the city of New Philadelphia are eligible to
participate in the program, and will receive information via mail in the
next few weeks. Those wishing to "opt-in," or senior citizens requesting
the discount, may call Constellation directly at 1-866-622-6569 or
sign up online (using promo code: NP042011) at: https://signup.constellation.com/newphilly
The $4.95/Mcf rate is available any time during the period June 2012 to
May 2013, and excludes taxes and fees for services charged by the local
gas utility company. If consumers enroll after May 4, 2012, they will be
enrolled in the next available billing cycle. Those who enroll with
Constellation's natural gas program will continue to be billed by the
local gas utility. Constellation's charges will appear as a line item on
Customers may learn more about the program by contacting Constellation
Customer Service toll free at 1-866-622-6569, Monday through
Friday from 8 a.m. to 5 p.m. EDT.
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.
Maureen Brown, 410-470-9700
© Business Wire 2012