PECO Marks Exelon’s 25 Years of Impact with Local Milestones and Customer Commitments

PHILADELPHIA (October 13, 2025) - Exelon (Nasdaq: EXC), one of the nation's largest utility companies, rang the opening bell at the Nasdaq MarketSite today in Times Square to commemorate the company's 25th anniversary. To celebrate the anniversary, PECO is highlighting the progress and partnerships that are strengthening reliability, affordability, and community resilience for the 1.7 million electric and more than 550,000 natural gas customers it serves across southeastern Pennsylvania.

Exelon President and CEO Calvin Butler was joined at the ceremony by several long-serving employees who have been with Exelon for 25 years, representing the dedication and resilience that have powered the company forward, as well as members of Exelon's Executive Committee, including David Vahos, PECO President and CEO.

PECO served as one of two founding companies of Exelon when it merged with Unicom in 2000.

"For 25 years, PECO has proudly contributed to Exelon's legacy of innovation, reliability, and community partnership," said Vahos. "As a founding company, we remain deeply committed to delivering sustainable energy and investing in the infrastructure and programs that strengthen the communities we serve across southeastern Pennsylvania."

25 Years of Impact Across Southeastern PA

• Reliability & Resilience: Since 2020 PECO reduced outage duration and frequency by 30 percent and continues to work on grid modernization to harden critical infrastructure and integrate new technologies.

• Growth and Progress: Since the formation of Exelon in 2000, PECO has grown from 1.5 million electric customers and 400,000 natural gas customers to serving 1.7 million electric customers and approximately 553,000 natural gas customers.

• Innovation: PECO continues efforts to implement new technology, including smart meters, automation, and drones to deliver personalized information, support reliability efforts, and faster storm restoration.

• Affordability & Assistance: PECO has grown to have the highest customer assistance program participation in the state of Pennsylvania to help customers manage their energy bills. In 2024, PECO connected 140,000 customers with energy assistance programs, which provided over $170 million in support.

• Delivering Energy Efficiency: PECO's award-winning energy efficiency programs have delivered more than $570 million to customers in rebates and incentives since inception in 2009.

• Clean Energy & Emission Reduction: PECO has reduced energy usage across its buildings and facilities by 66 percent since 2015, upgraded 496 miles of natural gas mains, and cut emissions from its natural gas system by approximately 50 percent since 2015. PECO also now operates more than 239 electrified vehicles.

• Workforce & Opportunity: Since 2000, PECO has hired over 250 residents through workforce development partnerships while also expanding skilled trades pipelines, STEM programs, and internship programs.

• Community Investment: Since 2013, PECO employees have logged more than 204,000 volunteer hours with partners across education, safety, environment and economic development.

The anniversary underscores how customers benefit from the power of Exelon's scale through shared best practices, coordinated storm response, and sustained investments in modernizing the grid, all while keeping decisions close to the communities the company serves. PECO will continue investing in the infrastructure, programs, and partnerships that matter most to customers, bringing the benefits of scale, shared innovation, and mutual aid to every neighborhood the company serves.

Photo Credit: NASDAQ