Stock Symbol: EXC
10 South Dearborn Street
Exelon Corporation Industry:
Exelon Corporation Description:
Boldness in staking out a leadership role in tomorrow’s energy markets. Creativity in improving the quality of life through energy. Accountability to our customers,shareholders, employees and communities. Commitment in operating facilities safely, protecting the environment, and developing our businesses responsibly. In order to achieve our goals we’ve created 3 business units: Exelon Energy Delivery, Exelon Generation, & Exelon Enterprises. Exelon Energy Delivery serves more than 3.4 million electricity customers in Northern Illinois through ComEd and about 1.5 million electricity and 430,000 natural gas customers in Southeastern Pennsylvania through PECO Energy.
Exelon Corporation Financial Summary:
Exelon Corporation is an electric utility holding company for ComEd, PECO Energy Company, Genco, and other subsidiaries. For the 6 months ended 6/30/05, revenues decreased less than 1% to $7.05B. Net income from continuing operations before accounting change increased 14% to $1.02B. Revenues reflect decreases at the Company's Generation and Energy Delivery segments. Earnings benefitted from decreased fuel costs.
Exelon Corporation Business Summary:
Exelon Corporation is a utility services holding company engaged in three business areas through its subsidiaries. Exelon's Energy Delivery business consists of the purchase and regulated sale of electricity and distribution and transmission services by Commonwealth Edison Company in northern Illinois (including Chicago), and by PECO Energy Company (PECO) in southeastern Pennsylvania (including Philadelphia), and the purchase and regulated sale of natural gas and distribution services by PECO in the Pennsylvania counties surrounding Philadelphia. The Generation business consists principally of the electric generating facilities and wholesale energy marketing operations of Exelon Generation Company, LLC, the retail sales business of Exelon Energy Company and Generation's investment in Sithe Energies, Inc. Exelon's other businesses consist of the infrastructure and electrical contracting services of Exelon Enterprises Company, LLC.