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Exelon

Exelon Corporation (NYSE: EXC) is a giant electricity generating and distributing company headquartered in Chicago. It was created in October, 2000 by the merger of PECO Energy Company, of Philadelphia, and Unicom, of Chicago (which owned Commonwealth Edison). Exelon has 5.2 million electricity customers and, in Philadelphia, 460,000 natural gas customers. more...

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In June, 2005 Exelon had full or partial ownership of 19 nuclear reactors in 11 nuclear power plants.

On June 30, 2005 the Federal Energy Regulatory Commission approved the merger of Exelon and Public Service Enterprise Group Inc., a New Jersey utility, thus creating the largest utility in the US . This merger will add PSEG's 2 million electric and 1.6 million natural gas customers, and will add 1 more reactor to Exelon, for a total of 20. The merger is set to be completed in the second quarter of 2006, at which time the name of the company will change to Exelon Electric & Gas.

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Exelon
From Jet, 9/27/04

Frank M. Clark, president of ComEd, a subsidiary of Chicago-based Exelon Corporation, was promoted to executive vice president and chief of staff to the chairman and CEO of Exelon, one of the nation's largest electric utilities. Clark, who will retain his role as ComEd president, is the highest-ranking Black at Exelon and ComEd. He will oversee day-to-day operations of ComEd and manage initiatives Exelon-wide.

COPYRIGHT 2004 Johnson Publishing Co.
COPYRIGHT 2004 Gale Group

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