Constellation.com is A retail firm

Constellation Energy Group

ConstellationEnergy.jpg

Constellation Energy is a subsidiary of Baltimore Gas and Electric Company and is one of the most important electricity and natural gas suppliers in U.S. The company produces, trades and distributes energy in 11 states of which the most important are Maryland, Pennsylvania, New York, West Virginia and California. Being one of the suppliers for the biggest economy in the world meant that the company achieved an extremely surprising yet deserved place in the Fortune 500 list. The revenue for 2006 was estimated at a staggering 19,3 billion dollars.

The Website

Constellation.com follows exactly all the corporate standards specific to the web design and content. The main focus is put on the investor relations field while a pervasive image building campaign can be felt at every step. One noticeable aspect is the lack of data concerning the corporate history, the reason behind this being probably the relative young age of the company to begin with. Nonetheless the website presents extensively all the assets and the divisions of the company, so after a careful reading everybody can develop a very accurate image.

History

The company was formed in April 30, 1999 as a subsidiary of Baltimore Gas and Electric Company, one of the oldest companies of this type and the very first to introduce gas lighting in the US with a history that dates back to 1816.

The young company quickly became a standard setter in the industry through its extremely bold and coherent companies. This is how in 2004 the company achieved an income of 12,3 billion dollars which would consistently grow over the years so that in 2006 got very close to the 20 billion landmark at 19,3 billion dollars. Constellation distributes electricity to over a million costumers and natural gas to more than half a million only in Maryland.

The success of the energy company can be explained through the clean image it has built in the minds of its customers. Since 2005, when Constellation Energy won the prestigious Fortune “Most Admired Energy Company” award, one of the key aspects of their social responsibility policy was the introduction of several measures which drastically lowered the greenhouse gas emissions from their plants. As a matter of fact, Constellation supports the Communities’ Right to Know and in July 1999, when having to report the company’s toxic release inventory, of the nearly 650 chemicals included, they reported around 20 of them.

Impact On Public Life

With over 1,3 million customers Constellation Energy definitely has an impact. However, due to the fact that its customers come from USA and Canada only it is easily to understand why this company is a relative unknown abroad.

Despite the clean image that the company promotes, some argue that with an estimated 4% of the entire energy produced is made with the usage of renewable sources, all the policies are nothing more than spin. California acts as the spear head for the promotion of clean energy as here are most of the plants of this type (biomass, solar and geothermal). This happens as about 61% of the entire electricity generated comes from nuclear plants and 34% comes from coal plants. Lately however, the company has won prestigious environmentalist awards through the introduction of waste coal plants. This has helped a great deal in improving the general perception of the company among the general public.

As for the public awareness of the brand, this issue stands at a rather low point, one reason being the relative small amount of time that has passed since the foundation of the company and a more important one being the fact that the company often acts through its various branches.


Languages

English

Address

523 E. Monument St, 6th Floor
Baltimore MD 21202 US

Additional Information

Related Domains

External Links



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