PECO Energy Company

PECO Energy
Company typeSubsidiary
Founded1881; 143 years ago (1881)
HeadquartersPECO Building
Philadelphia, Pennsylvania, U.S.
ParentExelon
Websitepeco.com

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.

  1. ^ Wainwright, Nicholas B. (1961). History of the Philadelphia Electric Company, 1881-1961. Philadelphia. p. 213.