Exelon 2015 Annual Report Download - page 31

Table of Contents
(a) A separate CBA between ComEd and IBEW Local 15 covers approximately 61 employees in ComEd’s System Services Group and was extended to April 1, 2016. Generation’s
and ComEd’s separate CBAs with IBEW Local 15 expires in 2019.
(b) 1,327 PECO craft and call center employees in the Philadelphia service territory are covered by CBAs with IBEW Local 614, both expiring in 2021. Additionally, Exelon Power, an
operating unit of Generation, has an agreement with IBEW Local 614, which expires in 2016 and covers 102 employees.
(c) During 2015, Generation finalized its CBA with Clinton Local 51 which will expire in 2020; its two CBAs with Local 369 at Mystic 7 and Mystic 8/9, both expiring in 2020; and four
Security Officer unions at Braidwood, Byron, Clinton and TMI, all expiring between 2018 and 2021, respectively. During 2014, Generation finalized CBAs with TMI Local 777 and
Oyster Creek Local 1289, expiring in 2019 and 2021, respectively and CENG finalized its CBA with Nine Mile Point which will expire in 2020. Additionally, during 2014, Generation
finalized CBAs with the Security Officer unions at Dresden, LaSalle, Limerick and Quad Cities, which expire between 2017 and 2018. Lastly, during 2014, an agreement was
negotiated with Las Vegas District Energy and IUOE Local 501, which will expire in 2018. During 2013, Generation finalized its CBA with the Security Officer union at Oyster
Creek, expiring in 2016; as well as two other 3-year agreements: New England ENEH, UWUA Local 369, which will expire in 2017; and New Energy IUOE Local 95-95A, which will
expire in 2016.
(d) Other includes shared services employees at BSC.
Environmental Regulation
General
Exelon, Generation, ComEd, PECO and BGE are subject to comprehensive and complex legislation regarding environmental matters by the
federal government and various state and local jurisdictions in which they operate their facilities. The Registrants are also subject to regulations
administered by the EPA and various state and local environmental protection agencies. Federal, state and local regulation includes the authority
to regulate air, water, and solid and hazardous waste disposal.
The Exelon Board of Directors is responsible for overseeing the management of environmental matters. Exelon has a management team to
address environmental compliance and strategy, including the CEO; the Senior Vice President, Corporate Strategy and Chief Sustainability
Officer; the Corporate Environmental Strategy Director and the Environmental Regulatory Strategy Director, as well as senior management of
Generation, ComEd, PECO and BGE. Performance of those individuals directly involved in environmental compliance and strategy is reviewed
and affects compensation as part of the annual individual performance review process. The Exelon Board of Directors has delegated to its
corporate governance committee the authority to oversee Exelon’s compliance with laws and regulations and its strategies and efforts to protect
and improve the quality of the environment, including Exelon’s climate change and sustainability policies and programs, as discussed in further
detail below. The Exelon Board of Directors has also delegated to its Generation Oversight Committee the authority to oversee environmental,
health and safety issues relating to Generation. The respective Boards of ComEd, PECO and BGE, which each include directors who also serve
on the Exelon Board of Directors, oversee environmental, health and safety issues related to ComEd, PECO and BGE.
Air Quality
Air quality regulations promulgated by the EPA and the various state and local environmental agencies in Illinois, Maryland, Massachusetts,
New York, Pennsylvania and Texas in accordance with the Federal Clean Air Act impose restrictions on emission of particulates, sulfur dioxide
(SO2), nitrogen oxides (NOx), mercury and other pollutants and require permits for operation of emissions sources. Such permits have been
obtained by Exelon’s subsidiaries and must be renewed periodically. The Clean Air Act establishes a comprehensive and complex national
program to substantially reduce air pollution from power plants.
See ITEM 7.—MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS for
additional information regarding clean air regulation in the forms of the CSAPR, the regulation of hazardous air pollutants from coal- and oil-fired
electric generating facilities under MATS, and regulation of GHG emissions.
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Source: BALTIMORE GAS & ELECTRIC CO, 10-K, February 10, 2016 Powered by Morningstar® Document Research℠
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