Jay Hancock's blog: Constellation: None of our plants reaped alleged excess profit - Economic navigation and sightseeing

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January 16, 2008

Constellation: None of our plants reaped alleged excess profit

This from a Constellation spokesman on the Public Service Commission complaint to the Feds about big profits reaped by Maryland power plants: "Based on our preliminary analysis no Constellation Energy plants contributed to the alleged overpricing."

Look for more in Paul Adams' story in tomorrow's edition of The Sun.

Posted by Jay Hancock at 5:56 PM | Permalink | Comments (1)

Comments

Good stuff as always Jay. Hopefully, this issue will gain traction with people in Maryland, we need to hold everyone accountable. What will it take to make the power grid management more transparent? A move by the Federal government? What will likely happen?

Posted by: pkn | January 17, 2008 9:46 AM

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About Jay Hancock

Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Wednesdays and Fridays.

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