Exelon 2014 Annual Report Download - page 93

Effective Income Tax Rate
PECO’s effective income tax rates for the years ended December 31, 2014, 2013 and 2012 were 24.5%, 29.1% and 25.0%,
respectively. See Note 14—Income Taxes of the Combined Notes to Consolidated Financial Statements for further discussion of the
change in effective income tax rates.
PECO Electric Operating Statistics and Revenue Detail
Retail Deliveries to customers (in GWhs) 2014 2013
% Change
2014 vs. 2013
Weather-
Normal %
Change 2012
% Change
2013 vs. 2012
Weather-
Normal %
Change
Retail Deliveries (a)
Residential ........................................ 13,222 13,341 (0.9)% 0.5% 13,233 0.8% — %
Small commercial & industrial ........................ 8,025 8,101 (0.9)% — % 8,063 0.5% (1.1)%
Large commercial & industrial ........................ 15,310 15,379 (0.4)% (0.1)% 15,253 0.8% 1.5%
Public authorities & electric railroads .................. 937 930 0.8% 0.8% 943 (1.4)% (1.4)%
Total electric retail deliveries ......................... 37,494 37,751 (0.7)% 0.1% 37,492 0.7% 0.3%
As of December 31,
Number of Electric Customers 2014 2013 2012
Residential ...................................................................... 1,434,011 1,423,068 1,417,773
Small commercial & industrial ...................................................... 149,149 149,117 148,803
Large commercial & industrial ...................................................... 3,103 3,105 3,111
Public authorities & electric railroads ................................................. 9,734 9,668 9,660
Total 1,595,997 1,584,958 1,579,347
Electric Revenue 2014 2013
% Change
2014 vs. 2013 2012
% Change
2013 vs. 2012
Retail Sales (a)
Residential .................................................... $1,555 $1,592 (2.3)% $1,689 (5.7)%
Small commercial & industrial .................................... 423 433 (2.3)% 462 (6.3)%
Large commercial & industrial .................................... 217 224 (3.1)% 232 (3.4)%
Public authorities & electric railroads ............................... 32 30 6.7% 31 (3.2)%
Total retail .................................................... 2,227 2,279 (2.3)% 2,414 (5.6)%
Other revenue (b) ............................................... 221 221 — % 226 (2.2)%
Total electric revenue ........................................... $2,448 $2,500 (2.1)% $2,640 (5.3)%
(a) Reflects delivery volumes and revenue from customers purchasing electricity directly from PECO and customers purchasing electricity from a competitive electric
generation supplier as all customers are assessed distribution charges. For customers purchasing electricity from PECO, revenue also reflect the cost of energy and
transmission.
(b) Other revenue includes transmission revenue from PJM and wholesale electric revenue.
PECO Gas Operating Statistics and Revenue Detail
Deliveries to customers (in mmcf) 2014 2013
% Change
2014 vs. 2013
Weather-
Normal %
Change 2012
% Change
2013 vs. 2012
Weather-
Normal %
Change
Retail Deliveries (a)
Retail sales ...................................... 62,734 57,613 8.9% 2.2% 49,767 15.8% (0.1)%
Transportation and other ........................... 27,208 28,089 (3.1)% (1.0)% 26,687 5.3% 0.5%
Total gas deliveries ............................... 89,942 85,702 4.9% 1.2% 76,454 12.1% 0.1%
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