CEG's commercial and retail business generates revenue from C&I (commercial and industrial) power sales, retail electricity contracts, and wholesale power marketing. This segment provides a stable revenue base that complements the nuclear fleet. Post-Calpine, the retail customer base expanded significantly, adding Calpine's geothermal and gas-backed retail contracts. The segment benefits from rising electricity demand driven by data center proliferation and electrification trends, though it operates at lower margins than the nuclear fleet.
CEG's combined revenue was approximately $24B in FY2024, with commercial and retail sales contributing a significant portion outside nuclear generation revenue.