Who owns constellation energy

Competitive retail energy solutions and wholesale energy supply. Constellation has the market expertise, stability and scale to help customers maximize the value of their energy needs. For more than a decade, Constellation customers have relied on us to manage market volatility and provide value. Our core strategy of balancing power generation with customer load allows us to better manage through changing market and weather conditions.

In September , Constellation's financial situation became precarious, due to its ties with the bankrupt investment banking firm Lehman Brothers. American Electric Power the single largest energy contributor to both Republican and Democratic candidates for Congress. Contributions like this from from fossil fuel companies to members of Congress are often seen as a political barrier to pursuing clean energy.

More information on coal industry contributions to Congress can be found at FollowtheCoalMoney. The group argues that the so-called "beneficial-use industry" would be eliminated if a "hazardous" designation was given for coal ash waste. ACAA set up a front group called Citizens for Recycling First , which argues that using toxic coal ash as fill in other products is safe, despite evidence to the contrary.

Out of its total 9, MW of electric generating capacity in 0. These are two strong, distinct businesses that will benefit from the strategic flexibility to focus on their unique customer, market and community priorities. The potential split would allow Exelon to capitalize on the growing appetite for clean energy in the U. The spinoff company will be the nation's largest generator of zero-carbon electricity, producing more than twice that of its nearest competitor.

However, Exelon's nuclear plants have been struggling in recent years. The company announced in August that it would close two plants in northern Illinois by fall unless the state changes its energy purchasing policies. Exelon blamed "declining energy prices and market rules that allow fossil fuel plants to underbid clean resources," for the closures.

The regulated utilities company, meanwhile, is expected to have rate-based growth of 7. Constellation, an Exelon company, is a leading competitive energy company providing power, natural gas, renewable energy, and energy management products and services for homes and businesses across the continental United States. But Constellation is about more than providing energy. We know that the energy landscape is constantly changing and care about being a good environmental steward.

To that end, in addition to traditional energy sources, we work hard to offer renewable energy options wherever possible. We know as well that a company is only as good as its service and reputation.