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PECO

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Template:Infobox Company

PECO*** (formerly Philadelphia Electric Company***) is the electric and natural gas utility*** serving Philadelphia*** and the surrounding southeastern Pennsylvania region. Founded in 1881***, PECO is one of the oldest and largest utilities in the United States, providing electricity to approximately 1.6 million customers*** and natural gas to over 500,000 customers***. Now a subsidiary of Exelon Corporation***, PECO is essential to daily life in Philadelphia, powering homes, businesses, and the city's infrastructure. The company's service territory includes Philadelphia and all or parts of Bucks, Chester, Delaware, Montgomery, and York counties.[1]

History

Early Electric Era (1881)

PECO traces its origins to 1881:

Founding:

  • Brush Electric Light Company*** formed
  • Early electric lighting
  • Powered by coal
  • Thomas Dolan as key figure

Philadelphia Electric Company

Consolidation:

  • Various electric companies merged
  • Philadelphia Electric Company*** emerged
  • Regional monopoly developed
  • Infrastructure built

Growth

20th century:

  • Service area expanded
  • Power plants built
  • Gas service added (1895 predecessor)
  • Modern utility developed

PECO Energy (1990s)

Rebranding:

  • Renamed PECO Energy Company (1994)
  • Simplified to PECO***
  • Modernization
  • Deregulation adaptation

Exelon Merger (2000)

Corporate change:

  • PECO merged with Unicom (Chicago)
  • Created Exelon Corporation***
  • PECO became subsidiary
  • Maintained local operations

Services

Electricity

Electric service:

  • 1.6+ million customers
  • Southeastern Pennsylvania
  • Residential, commercial, industrial
  • Transmission and distribution

Natural Gas

Gas service:

  • 500,000+ customers
  • Home heating
  • Industrial use
  • Distribution network

Service Territory

Coverage area:

  • Philadelphia (entire city)
  • Bucks County
  • Chester County
  • Delaware County
  • Montgomery County
  • Parts of York County

Operations

Electric System

Infrastructure:

  • Substations throughout region
  • Transmission lines
  • Distribution network
  • Smart grid technology

Gas System

Infrastructure:

  • Pipeline network
  • Pressure regulation
  • Storage facilities
  • Distribution mains

Power Sources

Generation:

  • PECO distributes but doesn't generate
  • Exelon Generation provides power
  • Nuclear, natural gas, renewables (parent company)
  • PECO handles local delivery

Outage Response

Storm Response

Emergency operations:

  • 24/7 operations center
  • Storm crews
  • Mutual aid agreements
  • Restoration priorities

Outage Reporting

For customers:

  • Report outages: 1-800-841-4141
  • Online outage map
  • Text alerts
  • Restoration estimates

Customer Programs

Energy Efficiency

Rebates and programs:

  • Appliance rebates
  • Home energy audits
  • LED lighting
  • Weatherization assistance

Payment Assistance

Help for customers:

  • LIHEAP (low-income assistance)
  • Payment plans
  • Customer assistance programs
  • Crisis assistance

Smart Energy

Technology:

  • Smart meters
  • Usage tracking
  • Time-of-use rates
  • Energy management tools

Philadelphia Connection

Powering the City

Essential service:

  • Every home and business
  • Infrastructure power
  • Emergency services
  • Economic foundation

Headquarters

2301 Market Street:

  • Center City location
  • Corporate offices
  • Customer service
  • Regional headquarters

Community Investment

Local involvement:

  • Charitable giving
  • Economic development support
  • Community partnerships
  • Workforce development

Challenges

Aging Infrastructure

Issues:

  • Underground cables (some century-old)
  • Storm vulnerability
  • Upgrade needs
  • Investment requirements

Climate and Weather

Weather impacts:

  • Summer heat demands
  • Winter storms
  • Severe weather events
  • Resilience planning

Energy Transition

Future challenges:

  • Renewable energy integration
  • Electric vehicle growth
  • Decarbonization goals
  • Grid modernization

Rates and Regulation

Pennsylvania PUC

Regulatory oversight:

  • Pennsylvania Public Utility Commission
  • Rate case reviews
  • Service standards
  • Consumer protection

Customer Choice

Deregulation:

  • Customers can choose electric generation supplier
  • PECO handles delivery regardless
  • Price comparison tools
  • Default service option

Future

Grid Modernization

Investments:

  • Smart grid deployment
  • Reliability improvements
  • Technology upgrades
  • Infrastructure hardening

Clean Energy

Transition:

  • Supporting renewable connection
  • Electric vehicle infrastructure
  • Energy efficiency expansion
  • Carbon reduction

Tips for Customers

Practical information:

  • Report outages: 1-800-841-4141
  • Emergency (downed wire): Call 911 and PECO
  • Payment options online
  • Energy saving programs available

See Also

References

  1. "PECO". PECO. Retrieved December 31, 2025