When did the Philadelphia Electric Company open its doors?
The Philadelphia Electric Company opened its doors in 1881 to light the streets of a growing city. It operated under that name for nearly fifty years before incorporating as PECO in 1929.
Questions about PECO Energy Company
Short answers, pulled from the story.
What is the service area covered by PECO Energy Company?
PECO serves about 1.6 million electric customers and over 511,000 natural gas customers within southeastern Pennsylvania. Its electric service area covers all of Philadelphia and Delaware County along with most of Bucks, Chester, and Montgomery counties.
How many employees work for PECO Energy Company today?
Today approximately 2,300 employees work for the organization. Many of these workers belong to IBEW Local 614 representing call center staff and field craft personnel.
When was the merger between PECO and Unicom Corp completed?
In 2000 a major shift occurred when it merged with Commonwealth Edison's holding company Unicom Corp. This merger brought PECO into the Exelon Corporation family.
What voltage levels does the physical grid rely on to move energy safely?
Distribution line voltages operate at 2,400/4,160 volts wye or 7,620/13,200 volts wye while subtransmission lines carry 34,500 volts and 69,000 volts through the network. Transmission lines handle massive loads at 138,000 volts 230,000 volts and 500,000 volts.
On what date did the transition period for the competitive electric generation market conclude?
The transition period for the competitive electric generation market concluded on the 31st of December 2010. Caps on retail rates ended simultaneously with competitive transition charges on customer bills after twelve years of strict regulation.