Significant storm preparation and system investments prevent
storm-related outages
As 2016’s first winter storm blanketed the region with more than two
feet of snow, PECO’s electric and natural gas systems performed well
without significant impact to customers.
More than 3,000 PECO employees, local contractors and crews from PECO’s
sister utility ComEd worked around the clock, monitoring conditions,
addressing customer concerns and restoring service to fewer than 11,000
customers impacted during the two-day storm.
“Our customers depend on us to safely deliver the energy they need,”
said PECO President and CEO Craig Adams. “We invest in our system and
work hard year round to prevent those outages that are preventable when
winter storms occur.”
In 2015, PECO invested more than half a billion dollars to improve its
electric and natural gas service for customers. This included inspecting
more than 10,000 miles of aerial and underground lines and equipment;
completing more than $36 million of tree trimming and vegetation work;
and replacing more than 95,000 feet of natural gas line with new plastic
pipe, which is safer, more durable and improves service.
Based in Philadelphia, PECO is an electric and natural gas utility
subsidiary of Exelon Corporation (NYSE: EXC). The company’s 2,400
dedicated employees provide advanced, innovative energy solutions to 1.6
million electric and more than 506,000 natural gas customers in
southeastern Pennsylvania. In 2014 PECO delivered 89.9 billion cubic
feet of natural gas and 37.5 billion kilowatt-hours of electricity and
had an estimated economic impact of $4.5 billion in Pennsylvania,
supporting more than 9,600 local jobs and producing $760 million in
labor income. Founded in 1881, PECO is one of the Greater
Philadelphia Region's most active corporate citizens, providing
leadership, volunteer and financial support to numerous arts and
culture, education, environmental, economic development and community
programs and organizations. For more information visit PECO.com,
and connect with the company on Facebook
and Twitter.
If you are a member of the media and would like to receive PECO news
releases via email, please send your email address to PECO.Communication@exeloncorp.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160124005024/en/
Copyright Business Wire 2016
Source: Business Wire
(January 24, 2016 - 2:30 PM EST)
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