Understanding the New Jersey Electricity Choice Program

1. New Jersey ~ It’s Your Choice. New Jersey Electricity Choice © 2010 Constellation Energy Group, Inc., This offering is being provided by Constellation NewEnergy, Inc., a wholly-owned subsidiary of Constellation Energy Group, Inc. All rights reserved. Errors and omission excepted. This presentation is being provided for information purposes only. Please review our current offers and applicable terms and conditions for details. A snap-shot as of October 18, 2010

9. Savings For JCPL Customers Savings For PSEG Customers Savings From Constellation. October 2010* * For the most current offer from Constellation Energy and more details about our offers visit home.newnergy.com Our prices quoted above are for electric generation service only, are not regulated by the New Jersey Board of Utilities and do not include any applicable taxes, utility distribution charges or other utility fees or charges. Savings are calculated against the respective basic general service fixed price winter tariff rates for rate classes RS for PSEG customers of 11.5¢/kWh (rounded) and for JCPL customers of 11.8¢/kWh (rounded), which include transmission, but which we adjusted to exclude the 7% sales and use taxes since we will separately assess, as such tariffs are in effect October 1, 2010. The utility prices also do not reflect the additional BGS reconciliation charge, which may be a credit or charge and is subject to change during the winter tariff rates. PSEG’s and JCPL’s summer 2011 rates are not yet available. Your savings will be lower if you are not on rate class RS. The variable monthly price will consist of a variable energy charge, a retail service charge and applicable taxes as provided in the terms and conditions. Budget billing is not yet available. You are not required to switch to Constellation Energy and have the option of remaining a customer of your current utility. The offering described herein is provided by Constellation NewEnergy, Inc. NJ Electricity Supplier License # PESL-0016

12. Concern, Question or Comment? Please contact us with any questions, we can help: By Phone: 1-877-997-9995 (8AM - 8PM EST) By Email: [email_address]