PECO Completes More Than 600 System Projects to Enhance Natural Gas and Electric Service for Customers

PHILADELPHIA–(BUSINESS WIRE)–PECO completed nearly 600 projects to enhance natural gas and electric
service for customers during the first quarter of 2016. The work is part
of the company’s ongoing efforts to provide customers with safe,
reliable, affordable and clean energy and energy services. The company
invests more than $500 million each year to enhance its system
infrastructure through preventive maintenance and equipment upgrades.

Through PECO’s System 2020 plan, the company is spending an additional
$274 million during the next five years to install advanced equipment
and reinforce the local electric system, making it more weather
resistant and less vulnerable to storm damage.

“We are constantly monitoring our natural gas and electric systems to
identify areas where we can enhance service reliability for our
customers,” said Mike Innocenzo, senior vice president and COO. “This
ongoing, proactive work is critical to maintaining the level of service
our customers expect.”

PECO completed nearly 500 projects to ensure safe and reliable natural
gas service for customers. This includes equipment inspections, repairs
and replacements, and preventive maintenance on the company’s natural
gas transmission and distribution system. From January through March,
PECO inspected 308 miles of natural gas main, completed more than 1,700
valve inspections and replaced nearly two miles of natural gas main with
plastic pipe, which enhances safety, is more durable and improves
service.

PECO also completed nearly 120 electric system projects in the first
quarter of 2016. Specifically, more than 60 corrective and preventive
maintenance projects were completed as part of PECO’s ongoing system
monitoring program. PECO also continued to upgrade and install advanced
equipment throughout the region, specifically adding 12 new aerial
devices called reclosers to its distribution system. When a problem
occurs, like a fallen tree limb, lightning strike or vehicle accident,
the recloser stops the flow of electricity on the line and automatically
restores electricity if possible. There are more than 1,700 reclosers on
PECO’s system, which prevented more than 79,000 sustained power
interruptions for PECO customers during the first quarter of this year.

To help prevent power outages caused by vegetation, PECO also installs
reinforced tree-resistant aerial electric lines. These lines are
stronger than traditional lines and can better withstand falling trees
and tree limbs. PECO now has more than 19 miles installed across the
service territory. Rigorous tree trimming also continues to limit the
number of power outages caused by trees and other vegetation. As part of
this work, PECO will invest about $41 million in vegetation management
work around 3,300 miles of aerial electric lines in 2016.

Based in Philadelphia, PECO is an electric and natural gas utility
subsidiary of Exelon Corporation (NYSE: EXC). The company’s 2,400
dedicated employees provide advanced, innovative energy solutions to 1.6
million electric and more than 511,000 natural gas customers in
southeastern Pennsylvania. In 2015 PECO delivered 86.9 billion cubic
feet of natural gas and 38 billion kilowatt-hours of electricity. The
company also has an estimated annual economic impact of $4.5 billion in
Pennsylvania, supporting more than 9,600 local jobs and producing $760
million in labor income. Founded in 1881, PECO is one of the Greater
Philadelphia Region’s most active corporate citizens, providing
leadership, volunteer and financial support to numerous arts and
culture, education, environmental, economic development and community
programs and organizations. For more information visit PECO.com,
and connect with the company on Facebook
and Twitter.

If you are a member of the media and would like to receive PECO news
releases via email, please send your email address to PECO.Communication@exeloncorp.com.

Contacts

PECO
Greg Smore, 215-841-5555
Greg.Smore@exeloncorp.com