ComEd 2011 Annual Report Download - page 22

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20 UTILITIES
investment program by ComEd to strengthen the existing electric system, while adding
new digital smart technology. Its passage will create more than 2,500 statewide jobs at the
peak of the grid’s build-out, and a smart grid that will improve overall system reliability,
reduce outages and improve power restoration, as well as provide customers with more
tools to manage their energy usage.
PECO
Headquartered in Philadelphia, PECO is the largest combined utility in Pennsylvania,
providing electric and natural gas services to more than 4 million people living in the
southeastern part of the state.
PECO maintained financial excellence in 2011 while showing great resiliency in its storm
restoration efforts. First, a series of wind, ice and snow storms in January and February
left hundreds of thousands of PECO customers without power. Record heat in the second
half of July led to a new peak record of 8,983 megawatts, breaking a record that had stood
for five years. Then, August’s Hurricane Irene – ranked as the third worst storm in PECO
Left: A ComEd lineman safely
conducts routine work on the utility’s
electricity delivery system.
Right: Exelons utilities are engaged
in smart grid/smart meter pilots,
including installation of new digital
meters like this one installed in
the ComEd service territory. Both
PECO and BGE are recipients of
$200 million Department of
Energy grants to advance these
new technologies.