STOCK TITAN

BGE HOME Changing Name to Constellation Home

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Constellation has rebranded its Maryland home services division, previously known as BGE HOME, to Constellation Home, following its separation from Exelon on February 1, 2022. The rebranding includes new logos and colors which will be gradually introduced over the coming months, ensuring continuity for customers. Constellation Home, a top service provider in Maryland, aims to deliver reliable energy solutions, managing energy usage for customers and supporting a transition to carbon-free energy. The company expects to serve up to 1,000 homes daily.

Positive
  • Constellation Home is Maryland's leading service provider, enhancing brand recognition.
  • The rebranding aligns with Constellation's mission to support a carbon-free future.
Negative
  • None.

Maryland’s leading provider of home services rebrands following Constellation’s separation from Exelon

BALTIMORE--(BUSINESS WIRE)-- Constellation (Nasdaq: CEG), America’s leading clean energy company, has announced that its Maryland-based home services business, formerly BGE HOME, is changing its name to Constellation Home. The name change is the result of Constellation’s separation from Exelon on Feb. 1, 2022. Constellation Home will remain headquartered in the Baltimore area.

Shortly following the separation, Constellation Home initiated the brand transition with customer communications and marketing highlighting the change. The company will progressively shift to its new logo and colors, including on signage, work wear and fleet vehicles, over the next several months. During the transition, customers can expect to see both the new and old names.

“Though our name is changing, our mission remains the same. We will continue to provide the same high-quality, reliable service that our customers have come to expect,” said David Donat, president & CEO, Constellation Home. “Our team will continue to partner with our customers, helping them manage their energy use and meeting their heating, cooling, plumbing, and electrical needs. Working in up to 1,000 homes per day on average, our team is proud to serve communities throughout central Maryland.”

To familiarize customers with the new name, the BGE HOME website will clearly identify the brand change and remain active until the Constellation Home website is ready for Maryland customers later this year. Both sites make customers aware of the name change and provide assurance that they are interacting with the same company they have relied on for nearly 30 years.

As Maryland’s No. 1 service provider and a leading installer of high efficiency HVAC systems, Constellation Home remains ready to respond to customers’ needs. Additionally, Constellation Home’s energy management expertise and high-efficiency products support Constellation’s purpose of accelerating the transition to a carbon-free future. For more information, visit constellationhome.com.

About Constellation

Constellation is the nation’s largest producer of carbon-free energy and the leading competitive retail supplier of power and energy products and services for homes and businesses across the United States. Headquartered in Baltimore, its generation fleet powers more than 20 million homes and businesses and is helping to accelerate the nation’s transition to clean energy with more than 32,400 megawatts of capacity and annual output that is 90 percent carbon-free. Constellation has set a goal to eliminate 100 percent of its greenhouse gas emissions by leveraging innovative technology and enhancing its diverse mix of hydro, wind and solar resources paired with the nation’s largest carbon-free nuclear fleet. Constellation’s family of retail businesses serves approximately 2 million residential, public sector and business customers, including three-fourths of the Fortune 100. Learn more at www.constellation.com or on Twitter at @ConstellationEG.

Linda Foy

Director

Commercial Communications

410-470-9700

linda.foy@constellation.com

Source: Constellation

FAQ

What is the new name for BGE HOME after the rebranding?

BGE HOME has been rebranded to Constellation Home.

When did Constellation separate from Exelon?

Constellation separated from Exelon on February 1, 2022.

How will the brand transition affect customers of CEG?

Customers will see both the old and new names during the transition, ensuring they are still interacting with the same company.

How many homes does Constellation Home serve daily?

Constellation Home serves up to 1,000 homes daily.

What is the mission of Constellation Home?

Constellation Home's mission is to provide high-quality, reliable energy services and support the transition to carbon-free energy.

Constellation Energy Corporation

NASDAQ:CEG

CEG Rankings

CEG Latest News

CEG Stock Data

74.17B
312.04M
0.23%
85.03%
1.5%
Utilities - Renewable
Electric Services
Link
United States of America
BALTIMORE