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Company type | Subsidiary |
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Founded | 1881 |
Headquarters | PECO Building Philadelphia, Pennsylvania, U.S. |
Parent | Exelon |
Website | peco |
PECO, formerly the Philadelphia Electric Company, is an energy company founded in 1881 and incorporated in 1929.[1] It became part of Exelon Corporation in 2000 when it merged with Commonwealth Edison's holding company Unicom Corp.
The company has approximately 2,300 employees; its call center and field craft personnel are members of IBEW Local 614. PECO serves about 1.6 million electric and over 511,000 natural gas customers; it is the largest combination utility in Pennsylvania, and has a franchise utility service area of 2,100 square miles (5,400 km2) with a population of 3.8 million people.