We were strongly critical of the governor two years ago when he objected to a proposal by Electricité de France to buy half of Constellation's nuclear business. At the time, it appeared that Mr. O'Malley, an old foe of Constellation and its CEO, Mayo A. Shattuck, was simply trying to extort as much as possible from a deal that had little direct impact on BGE and its customers. This time is different, and Mr. O'Malley's efforts were right on target. This deal posed a substantial and ongoing risk to BGE and its customers, and as such, he was right to put his focus not on how much cash he could squeeze out of the company right now but on long-term issues of governance, market power and Maryland-based energy development. During his time as governor, Mr. O'Malley has secured hundreds of dollars in rate credits for BGE customers, but for most families, that money has come and gone without a second thought. The terms of this deal will benefit ratepayers every single month.