BNET Industries
Last Fiscal Year Sales:$3.4B
- Public
- US
Dow Jones Description
Electric Utilities
Number of Employees 10,000
Peer Companies
NAICS Code Other Electric Power Generation: 221119
Recent Events
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Baltimore Gas and Electric Company Declares Quarterly Dividend
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Constellation Energy Reports Third Quarter 2009 Results
News & Analysis
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baltimore gas & electric co. - All News and Analysis
Engineering education
- 2008-09-01
Nanotechnology in the Buckeye State Somewhere out there, some transcendent power seems to create out of the future, giving rise to the modern advances such as nanotechnology. The state of Ohio is currently a major player in the materials industry, with the polymer and plastics business developing into a major...
Baltimore Gas & Electric: Blame for rate hike unfairly placed on
- 2008-05-15
Lawmakers and the media have incorrectly placed the blame for Baltimore Gas & Electric Co.'s 72 percent rate increase on the deregulation of Maryland's energy market, a company representative said Wednesday. "Regardless of the hundreds of millions of dollars our customers saved throughout the price increase periods, such...
Fitch Affirms Constellation Energy & Baltimore Gas & Electric on Maryland Settlement
- 2008-04-08
NEW YORK -- Fitch Ratings has affirmed the Issuer Default Rating IDR and other ratings of Constellation Energy Group, Inc. (CEG; 'BBB+') and Baltimore Gas and Electric Company (BGE; 'BBB+') and removed the ratings from Rating Watch Negative, upon the passage of legislation by the Maryland General Assembly approving the...
Fitch Places Constellation Energy and Baltimore Gas & Electric Co. on Watch Negative
- 2008-02-01
CHICAGO -- Fitch Ratings has placed Constellation Energy Group, Inc. (NYSE: CEG) and Baltimore Gas and Electric Company BGE on Ratings Watch Negative. Fitch is concerned that the actions and statements made during the last few weeks by company management, its regulator the Maryland Public Service Commission MPSC, and the...
Phony bills shock Baltimore Gas & Electric
- 2007-09-13
The parent company of Baltimore Gas & Electric is threatening to sue Baltimore County's Republican central committee unless it stops mailing mock billing statements that blame the company and Maryland Gov. Martin O'Malley for huge increases in electric rates. The mailing, designed to resemble a BGE bill, replaces the account...
Baltimore Gas & Electric to offer rebates to customers who buy
- 2007-09-07
Baltimore Gas & Electric will now offer rebates to customers who buy energy-efficient appliances. BGE also has partnered with retailers in its Central Maryland service area to cut prices of compact fluorescent light bulbs. The Maryland Public Service Commission has approved the program, under which BGE customers will be able...
Prince George's County power struggle
- 2007-08-08
Is there enough power in one Prince George's County neighborhood for an amusement park, a megachurch and hundreds of homes? Baltimore Gas & Electric Co. and Evangel Cathedral are trying to find out. Evangel Cathedral, a congregation of more than 2,000 in Upper Marlboro, sits next to Six...
Baltimore Gas & Electric Co. hopes 'smart meters' raise energy
- 2007-05-02
Baltimore Gas & Electric Co. can move forward with plans to measure customers' electric and natural gas use on an hourly basis, a move that could eventually decrease peak demand by making people more aware of how and when they're using energy. The Maryland Public Service Commission has...
Drilling Under The Chesapeake Bay.(Company overview)
- 2007-03-12
By Karen Swanson D&D Drilling used environmentally friendly products and a Vermeer D24x40 to drill through the Chesapeake Bay watershed to relocate overhead cables. A Baltimore Gas & Electric (BG&E) product upgrade required moving overhead cables underground...
Baltimore Gas & Electric Co.'s rates expected to rise
- 2007-02-20
Maryland Public Service Commission increased its estimated power costs that residential customers will see starting in June. In the area covered by Baltimore Gas & Electric Co., residential prices are expected to rise by 49.9 percent in June, as a state-mandated 15 percent cap on price increases expires. The actual...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Kenneth W. DeFontes | CEO |
| Kevin Hadlock | Senior Vice President & Chief Financial Officer |
| Christopher Budzynski | Vice President & Treasurer |
| Edmund F. Bender | Vice President, Gas Distribution and New Business |
| Gregory C. Martin | Vice President, General Services |
| Gregory G. Martin | Vice President, General Services |
| Johnny Magwood | Vice President, Customer Relations & Field Services |
| Mark Case | Vice President, Business Performance, Strategy & Regulatory Services |
| Stephen J. Woerner | Vice President, Electric Transmission and Distribution |
| John Sundergill | Director, Development |
| Anne A. Hahn | Manager |
| Pat Walls | Manager, Human Resources |
| Jeanne Heins | Principle Communications Consultant |
| Richard G Anderson | Fleet Analyst |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| M.A. Shattuck | Board of Directors |
Kenneth W. DeFontes, Jr. is President and Chief Executive Officer of Baltimore Gas and Electric Company (BGE). He served as Vice President, Electric Transmission and Distribution from 2000 to 2004. Mr. DeFontes joined BGE in 1972 as an associate engineer and has held various leadership positions, including supervisor, general supervisor, manager and vice president. Mr. DeFontes served in the Maryland Air National Guard from 1972 to 1978 and was honorably discharged as staff sergeant. Mr. DeFontes is a member of the American Society of Mechanical Engineers and a board member of the American Gas Association, Southeastern Electric Exchange, and Reliability First Corporation. Other memberships include St. Joseph Medical Center Operating Board of Trustees, Baltimore Symphony Orchestra Board of Trustees, Economic Alliance of Greater Baltimore Board of Directors, Johns Hopkins Whiting School of Engineering National Advisory Council, The Center Club, Baltimore Country Club, and the Harford Flying Club. Mr. DeFontes holds a bachelor's degree in engineering from Swarthmore College in Pennsylvania and a master's degree in business administration from Loyola College in Maryland. A resident of Baltimore County, Md., Mr. DeFontes is married and has one son.
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | CEO | Current |
| Baltimore Gas & Electric Company | President | Current |
| Constellation Energy Group, Inc. | Senior Vice President | Current |
| Baltimore Gas & Electric Company | Board of Directors | Current |
| Southeastern Electric Exchange, Inc | Board of Directors | Current |
| American Society Of Mechanical Engineers | Board of Directors | Current |
| American Society Of Mechanical Engineers | Member | Current |
| Center Club | Member | Current |
| Baltimore Gas & Electric Company | Vice President | Former |
| Baltimore Gas & Electric Company | Manager | Former |
| Baltimore Gas & Electric Company | General Supervisor | Former |
| Southeastern Electric Exchange, Inc | President | Former |
| Loyola College in Maryland | Master's Degree In Business Administration | Former |
| Swarthmore College | Bachelor's Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Senior Vice President & Chief Financial Officer | Current |
| Constellation Energy Group, Inc. | Vice President, Investor Relations & Financial Planning and Analysis | Former |
| Constellation Energy Group, Inc. | Managing Director | Former |
| Constellation Power, Inc. | Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Vice President & Treasurer | Current |
| Constellation Energy Group, Inc. | Assistant Treasurer, Capital Markets | Former |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Vice President, Gas Distribution and New Business | Current |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Vice President, General Services | Current |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Vice President, General Services | Current |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Vice President, Customer Relations & Field Services | Current |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Vice President, Business Performance, Strategy & Regulatory Services | Current |
| Baltimore Gas & Electric Company | Manager, Org Performance Dept | Former |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Vice President, Electric Transmission and Distribution | Current |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Director, Development | Current |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Manager | Current |
| Baltimore Gas & Electric Company | Controller, Finance and Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Manager, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Principle Communications Consultant | Current |
| Organization | Position | Status |
|---|---|---|
| Network of Employers for Traffic Safety | Fleet Analyst, Fleet Services Department, Baltimore Gas & Electric Company | Current |
| Baltimore Gas & Electric Company | Fleet Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Baltimore Gas & Electric Company | Board of Directors | Current |
Industry Transcripts by Seeking Alpha
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Atwood Oceanics Inc. F4Q09 (Qtr End 30/09/09) Earnings Call Transcript.
on Nov 24, 2009about ATW
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StealthGas Inc. Q3 2009 Earnings Call Transcript
on Nov 17, 2009about GASS
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WGL Holdings Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Nov 13, 2009about WGL
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ORMAT Technologies Inc. Q3 2009 Earnings Conference Call Transcript
on Nov 12, 2009about ORA
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Evolution Petroleum Corp F1Q10 (Qtr End 30/09/09) Earnings Call Transcript
on Nov 12, 2009about EPM
Glass Door
Energy Industry Companies
| Company | Employer Rating |
| Chevron |  |
| ConocoPhillips |  |
| Exxon | |
| Occidental Petroleum | |
| Schlumberger | |
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