ComEd 2008 Annual Report Download - page 13
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Please find page 13 of the 2008 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.OurFinancialAdvantage
Exelon’sleadershippositionintheelectricandgasutilityindustryismade
possiblebyindustry-leadingfinancialdiscipline,cashflowandrisk
managementpractices
Withthedeclineinthepriceofnaturalgas,wehaveseenpowerprices
inthePJMandElectricReliabilityCouncilofTexas(ERCOT)marketsfall.
ThankstoourhedgingstrategyandtheexpertiseofPowerTeam,weare
largelyinsulatedfromwildswingsingaspricesforthenextseveralyears.
Exelonhasoneofthelargest,mostdiversebankgroupsintheindustry,
providingthecompanywithmorethan$7billioninliquidity.
Thecombinationofourconservativefinancialandriskmanagement
strategiesgivesusthestrengthandflexibilitytoenhancethevalueofyour
company–includingthroughcontinuedinvestmentinourgeneration,
transmissionanddistributioncapabilitiesandourpursuitofNRG.Andwe
arecommittedtoreturningthatvaluetoyou,aswedidin2008through
our$500millionsharerepurchaseanddividendincrease.
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