It is in fact true.

As far as Constellation (that's the name you're forgetting) they might be losing money on this 13 cents per KWh for the next few months, but they also have you in at a 3 year contract, perhaps down the line they will turn a profit.

Constellation might also have a cheaper way to produce power (i believe they are based out of texas, so they could be getting higher priority on the pipeline)