Innovative PECO Plan to Help Customers Save More Energy and Money Approved by PUC

Personalized, enhanced energy efficiency solutions for all customers

PHILADELPHIA–(BUSINESS WIRE)–The Pennsylvania Public Utility Commission (PUC) today approved PECO’s
plan to bring new innovative energy efficiency solutions to help
customers save even more energy and money. The personalized solutions,
available beginning June 2016, are part of PECO Smart Ideas, the
company’s award-winning suite of energy efficiency and demand response
programs for residential and business customers.

“Our customers – both residential and business – have already saved more
than $500 million with our programs,” said Liz Murphy, PECO vice
president of Governmental and External Affairs. “These new programs,
discounts, rebates and online tools will provide even more personalized
solutions for our customers, helping them save even more. These
innovative solutions really will transform this experience for our
customers, providing more help, information and guidance on decisions
about how they use energy.”

The comprehensive suite of solutions includes personalized expert energy
advice, expanded tools to provide customers even more ways to track
their energy use, expanded rebates for high-efficiency appliances,
discounts on energy-efficient lighting, and incentives for energy
efficient construction.

Since launching in 2009, more than 600,000 customers have participated
in PECO Smart Ideas, reducing energy use by more than 2.2 million
megawatt hours (MWh), making PECO Smart Ideas the largest and most
successful utility-run energy efficiency and demand response programs in
Pennsylvania. Part of Pennsylvania Act 129, this third phase of programs
is designed to reduce overall customer energy use by 5 percent – or
1,962,659 MWh by May 31, 2021, and will help reduce customer demand for
energy by 161 MW during high-use periods. To learn more about ways to
save energy and money visit peco.com/smartideas
or call 1-888-5-PECO-SAVE.

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 e-mail please send your e-mail address to
PECO.Communication@exeloncorp.com.

Contacts

PECO
Ben Armstrong, 215-841-5555
benjamin.armstrong@exeloncorp.com