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Constellation NewEnergy Renews Relationship with the New Jersey Business and Industry Association

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I’m happy to announce with our continued commitment to the New Jersey market, that we renewed our long standing relationship as the preferred supplier for the New Jersey Business and Industry Association (NJBIA).   Over the past seven years, we’ve provided products and services which allow NJBIA members to manage their electricity costs by providing budget certainty, mitigating long term risk, and identifying market opportunities.   

The changing marketplace has provided us the ability to move beyond the traditional offerings and now bring more solutions to the NJBIA membership, including electric commodity, load response, solar, and energy efficiency.

A…
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Basic Generation Service Electricity Rates Spurring New Jersey Commercial Customers to Shop

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Commercial customers in New Jersey have the ability to lock in electricity rates today that take advantage of wholesale energy prices that are as much as 30 percent lower than they were 2008, according to Constellation Energy’s Commodity Management Group (CMG).

This follows the New Jersey Board of Public Utilities’ recent approval of the latest fixed price electricity auction for Basic Generation Service (BGS).  The BGS rate is a default price paid by those not buying power in the competitive marketplace.  It is a blended index, incorporating power…
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