Best Buy Stores in Chicago to Offer Low-Cost Constellation Electric Supply
Customers can save up to 25 percent off ComEd's current electric rate and receive a $25-$50 Best Buy gift card
CHICAGO--(BUSINESS WIRE)-- Best Buy customers in the market for the latest in energy efficiency products and services can enhance their savings through convenient in-store purchases of low-cost Constellation residential electric supply.
The companies today announced an expansion of a pilot program launched earlier this year at the Best Buy Bucktown store that will extend sales of Constellation residential electric supply to 12 additional Chicago Best Buy locations.
Customers signing up for Constellation residential electric supply could save up to 25 percent off ComEd's non-summer electric supply price to compare rate.*
In addition to the rate savings, customers who select a 24-month electric supply contract will receive a $50 Best Buy gift card; a $25 gift card will be awarded to those who sign up for 12 months.
"Our pilot program at the Best Buy Bucktown store exceeded expectations and we're thrilled to expand to Best Buy stores across Chicago," said Michael Wajsgras, vice president of new business channel development for Constellation. "Consumer shopping for electricity is on the rise across Illinois. Our affiliation with Best Buy makes it even more convenient for homeowners to save on electricity rates and also receive a Best Buy gift card."
"Consumers are becoming more concerned about their energy consumption and are taking their first steps on their journey toward energy efficiency," said Kristen Bowring, senior director of Home Energy Management for Best Buy. "Our affiliation with Constellation offers our Best Buy customers an easy way to learn about their energy options and how they can save energy and money."
One of the nation's leading energy providers, Constellation has been serving customers in Illinois for more than a decade and currently serves thousands of residential customers statewide. Constellation is also energy supplier to the Chicago White Sox, Chicago Bears, Chicago Bulls and Chicago Blackhawks, as well as the endorsed energy supplier for the Illinois Manufacturers' Association, Illinois Retail Merchants Association and Illinois Hotel & Lodging Association.
More information is available at www.constellation.com/BestBuy.
*COMMONWEALTH EDISON'S RATES ARE SUBJECT TO CHANGE AND THEREFORE WE CANNOT GUARANTEE SAVINGS OVER THE FULL TERM OF OUR PRICE PLANS. Our price of 6.25 cents per kWh does not include any taxes, utility distribution charges or other utility fees, charges or credits. Estimated savings are based on Commonwealth Edison's Price to Compare (PTC) for BES residential (non-electric space heating) rate of 8.324 cents per kWh in effect October 1, 2012 - May 31, 2013, which includes an Electricity Supply Charge of 7.514 cents and a Transmission Services Charge of 0.810 cents. Commonwealth Edison also invoices its customers for Purchased Electricity Adjustment (PEA), which may be a charge or a credit, and is not included in Commonwealth Edison's PTC. Customers on Commonwealth Edison's BES residential (electric space heating) rate will not save.
© 2012 Constellation Energy Resources, LLC. The foregoing offering is sold and contracted by Constellation NewEnergy, Inc., a subsidiary of Exelon Corporation. Exelon Corporation also owns Commonwealth Edison Company (ComEd). Constellation NewEnergy is not the same company as ComEd. The prices of Constellation NewEnergy are not regulated by the Illinois Commerce Commission. Customers do not have to buy Constellation NewEnergy electricity or any other product in order to receive the same quality regulated service from ComEd. Offer available in ComEd's service territory. Illinois Alternative Retail Electric Supplier Residential License #11-0394.
Constellation (www.constellation.com), a subsidiary of Exelon Corp., is a leading competitive retail supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation's retail business serves more than 100,000 business and public sector customers, including more than two-thirds of the Fortune 100, and nearly one million residential customers.
Exelon Corporation (NYS: EXC) is the nation's leading competitive energy provider, with approximately $33 billion in annual revenues. Headquartered in Chicago, Exelon has operations and business activities in 47 states, the District of Columbia and Canada. Exelon is the largest competitive U.S. power generator, with approximately 35,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. Exelon's utilities deliver electricity and natural gas to more than 6.6 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Learn more at: www.exeloncorp.com.
About Best Buy Co., Inc.
Best Buy Co., Inc. is a leading multi-channel global retailer and developer of technology products and services. Every day our employees - 167,000 strong - are committed to helping deliver the technology solutions that enable easy access to people, knowledge, ideas and fun. We are keenly aware of our role and impact on the world, and we are committed to developing and implementing business strategies that bring sustainable technology solutions to our consumers and communities. For information about Best Buy, visit http://www.bby.com/ and to shop at Best Buy, visit http://www.bestbuy.com/.
Lawrence McDonnell, 410-470-9700
KEYWORDS: United States North America Illinois
The article Best Buy Stores in Chicago to Offer Low-Cost Constellation Electric Supply originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.