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Dec 12, 2024
BALTIMORE (Dec. 17, 2024) – Constellation Energy Corporation (NASDAQ: CEG), the nation’s largest producer of carbon-free energy, today announced America’s first-ever product allowing consumers to power their homes with 100% clean nuclear energy, through a new retail pilot program in Washington, D.C.
Clean, carbon-free nuclear energy is experiencing a major resurgence, with U.S. public support for nuclear at its highest in a decade, according to recent polls conducted by Pew and Gallup. Both polls found that a majority of Americans support nuclear and recognize it as a safe, reliable, and carbon-free energy source. Now Washingtonians can show their support for carbon-free nuclear energy—and help fight climate change—by purchasing 100% clean nuclear energy to power their homes.
“Constellation is the No. 1 operator of clean, reliable nuclear energy plants and we’re proud to be the first to offer this zero-carbon energy source to American households. And we can think of no better place to pilot this program than our nation’s capital where nuclear energy enjoys strong bipartisan support from Republicans and Democrats alike,” said Kathleen Barrón, Constellation Chief Strategy and Growth Officer. “Policymakers, tech companies and even former Miss America and nuclear engineer Grace Stanke, have all embraced this zero-carbon, always-on energy source, and now Washingtonians can too.”
Nuclear energy is safe, clean, reliable, and affordable. In fact, the clean nuclear energy offer at 11.99 cents per kilowatt-hour is lower than the local D.C. utility’s current supply rate. By choosing carbon-free nuclear energy, Washingtonians can save money on their energy bills while they help fight climate change.
To sign up for nuclear energy, Washington, D.C. residents simply visit here and enter their address and utility bill account number. Participating customers will continue to receive electricity through the existing utility infrastructure. Constellation, through its retail energy supplier subsidiary, will match 100% of these customers’ electricity usage with Emission Free Energy Certificates (EFECs) generated at Constellation’s nuclear-powered clean energy centers in PJM—the regional electricity grid that serves 13 states and Washington, D.C. This approach allows customers to support clean energy without any changes to their current service setup or reliability.
Washington, D.C. is the first pilot market for the new residential nuclear program, and Constellation plans to expand the pilot to additional markets in 2025.
Nuclear energy is the nation’s largest source of carbon-free electricity, providing nearly 20% of the total electricity supply in the United States and about half of its carbon-free energy. It is a reliable, always-on power source, capable of operating around the clock to meet the nation’s energy needs with zero greenhouse gas emissions. By delivering continuous, clean power, nuclear energy helps stabilize the electric grid and ensures reliability and resiliency, even during extreme weather events. Nuclear also is key to American energy security and independence and provides good-paying, family-sustaining jobs to keep communities strong.
As the nation’s largest nuclear energy operator, Constellation’s annual output is nearly 90% carbon-free. Constellation’s award winning nuclear generating facilities achieved capacity factors of 94.4% in 2023. The company’s hydro, wind and solar facilities paired with the nation’s largest nuclear fleet have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation’s clean energy. Constellation’s clean generation fleet avoids 125 million metric tons of carbon emissions annually, which is equivalent to taking more than 29 million gas-powered cars off the road for one year. This unmatched combination of reliability, sustainability, and scale makes nuclear energy essential to achieving a carbon-free future.
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About Constellation
A Fortune 200 company headquartered in Baltimore, Constellation Energy Corporation (Nasdaq: CEG) is the nation’s largest producer of clean, emissions-free energy and a leading supplier of energy products and services to businesses, homes, community aggregations and public sector customers across the continental United States, including three fourths of Fortune 100 companies. With annual output that is nearly 90% carbon-free, our hydro, wind and solar facilities paired with the nation’s largest nuclear fleet have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation’s clean energy. We are further accelerating the nation’s transition to a carbon-free future by helping our customers reach their sustainability goals, setting our own ambitious goal of achieving 100% carbon-free generation by 2040, and by investing in promising emerging technologies to eliminate carbon emissions across all sectors of the economy. Follow Constellation on LinkedIn and X.
If you are a member of the media, please contact:
667-218-7700
Paul Adams
paul.adams@constellation.com
David Snyder
david.snyder@constellation.com
