ComEd 2013 Annual Report Download - page 11

Download and view the complete annual report

Please find page 11 of the 2013 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.

Page out of 260

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260

GENERAL DESCRIPTION OF OUR BUSINESS
General
Exelon,incorporatedinPennsylvaniainFebruary1999, is autilityservicesholdingcompanyengaged, through Generation,inthe
energy generation business, andthrough ComEd, PECO and BGE, inthe energy deliverybusinesses discussedbelow. Exelon’s
principal executiveofficesare locatedat 10 SouthDearborn Street, Chicago,Illinois 60603,anditstelephone number is
312-394-7398.
Generation
Generation’s integratedbusiness consistsofitsownedandcontractedelectric generatingfacilitiesandinvestmentsingeneration
venturesthat are marketedthrough itsleadingcustomer-facingactivities. Thesecustomer-facingactivitiesinclude,wholesale energy
marketingoperationsanditscompetitive retailcustomer supplyofelectric andnatural gasproductsandservices, including
renewable energy products, risk management servicesandnatural gasexploration andproduction activities. Generation has six
reportable segmentsconsistingoftheMid-Atlantic, Midwest,NewEngland, NewYork, ERCOT andOther Regions.
Generation wasformedin 2000 asaPennsylvanialimitedliabilitycompany. Generation began operationsasaresult ofacorporate
restructuring, effectiveJanuary1,2001,inwhich Exelon separateditsgeneration andother competitivebusinessesfromits
regulatedenergy deliverybusinessesat ComEd and PECO. Generation’s principal executiveofficesare locatedat 300 Exelon Way,
Kennett Square,Pennsylvania19348, anditstelephone number is 610-765-5959.
ComEd
ComEd’s energy deliverybusiness consistsofthe purchaseandregulatedretailsale ofelectricityandthe provision oftransmission
and distribution servicesto retailcustomersin northern Illinois, includingtheCityof Chicago.
ComEd wasorganizedintheState ofIllinois in1913 asaresult ofthemerger ofCosmopolitan Electric Companyinto theoriginal
corporation namedCommonwealth Edison Company, which wasincorporatedin1907. ComEd’s principal executiveofficesare
locatedat 440SouthLaSalle Street, Chicago,Illinois 60605, anditstelephone number is 312-394-4321.
PECO
PECO’s energy deliverybusiness consistsofthe purchaseandregulatedretailsale ofelectricityandthe provision oftransmission
and distribution servicesto retailcustomersinsoutheastern Pennsylvania,includingtheCityof Philadelphia,aswell asthe purchase
andregulatedretailsale ofnatural gasandthe provision ofnatural gas distribution servicesto retailcustomersinthePennsylvania
countiessurroundingtheCityof Philadelphia.
PECO wasincorporatedinPennsylvaniain1929. PECO’s principal executiveofficesare locatedat 2301 Market Street,
Philadelphia,Pennsylvania19103,anditstelephone number is 215-841-4000.
BGE
BGE’s energy deliverybusiness consistsofthe purchaseandregulatedretailsale ofelectricityandthe provision oftransmission and
distribution servicesto retailcustomersincentral Maryland, includingtheCityofBaltimore,aswell asthe purchaseandregulated
retailsale ofnatural gasandthe provision ofgas distribution servicesto retailcustomersincentral Maryland, includingtheCityof
Baltimore.
BGE wasincorporatedinMarylandin1906. BGE’s principal executiveofficesare locatedat 110 WestFayette Street,Baltimore,
Maryland21201,anditstelephone number is 410-234-5000.
Operating Segments
See Note 24oftheCombinedNotesto ConsolidatedFinancial Statementsfor additional information on Exelon’s operating
segments.
5