Home » ComEd Annual Reports » 2006 Annual Report - page 475

ComEd 2006 Annual Report Download - page 475

Download and view the complete annual report

Please find page 475 of the 2006 ComEd annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Approved by Exelon Board of Directors 06-27-06

Affiliate Non-discrimination

The Federal Energy Regulatory Commission and the state utility commissions in New Jersey, Pennsylvania and Illinois have adopted

regulations governing the business dealings between utility subsidiaries of Exelon Energy Delivery Company (collectively referred to

as “EED”) and its affiliates to ensure that resources and assets of the regulated businesses of the Company are not used to subsidize or

give an unfair advantage to other lines of the Company’s business. Employees must comply with all of these regulations and similar

Tariff provisions applicable to business conducted by the utilities. Some examples of these include: the FERC Standards of Conduct,

the Pennsylvania Code of Conduct, the Illinois Affiliate Non-Discrimination Rules and the New Jersey Affiliate Standards Rules.

Main Obligations

If you are uncertain about these regulations or have questions regarding their implementation or interpretation, contact the Legal

Department for guidance.

Energy Trading Rules

Exelon is committed to lawful and ethical practices in connection with conducting all of the Company’s businesses. The Company’s

electric power and gas supply and trading operations have a special set of rules that must be followed.

•

EED’s transmission operation must function independently from the operations of any of its affiliates

•

Employees may not give non-public information regarding EED’s market or its transmission and distribution systems to

any third parties, including affiliates, on a preferential basis

•

Employees may not give preferential treatment regarding EED customer leads or transmission and distribution systems to

any seller of electric energy natural gas or energy services, whether an affiliate or a competitor

•

EED customer information may be provided to third parties, including affiliates, only with the written consent of the

customer

•

EED employees may not provide leads, preferences or similar benefits designed to provide a competitive advantage for any

competitive business segment of EED or any affiliate

•

Costs must be appropriately charged or allocated between the regulated and other business functions of EED and between

EED and its affiliates