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Constellation Reports "Strong" Performance Of Commercial Business, Better Than Planned Margins

May 9, 2024

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Copyright 2010-24 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Constellation Energy Corporation reported first quarter 2024 Adjusted Non-GAAP Operating Earnings of $579 million, up from $256 million a year ago, based in part on, "strong performance of our commercial business," with better than historical customer margins

Constellation further reported that margins have come in "better than planned" and that margins continue to trend higher than the company's long-term averages used in forecasting

Constellation first quarter 2024 Retail Electric Load Served by Region was as follows:

Q1 2024 Retail Electric Load Served
  (TWh)

Midwest                     9
Mid-Atlantic               11
ERCOT                       3
New York                    4
New England/South/West      7

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