Commonwealth

ComEd, PECO Set New Winter Peak Demand Records

Exelon’s two utility subsidiaries, Commonwealth Edison in Chicago and Philadelphia-based PECO, reported record winter peak power demand Monday because of extremely cold temperatures and customer growth.

February 8, 2007

ALJ Endorses ComEd Rate Stabilization Plan

Exelon Corp.’s Commonwealth Edison Co. (ComEd) said Wednesday an administrative law judge assigned to review the utility’s proposal to help customers manage increasing electricity costs has endorsed the plan and has recommended full Illinois Commerce Commission (ICC) approval.

October 30, 2006

Rate Increase Phase-In Plan Filed With ICC by ComEd

Commonwealth Edison (ComEd) last Tuesday filed a detailed proposal at the Illinois Commerce Commission (ICC) designed to ease the impact on residential customers of rate increases planned for January 2007. While ComEd has discussed its proposal for phasing in rate increases for some time, the filing allows the plan to be considered in a formal, separate proceeding.

May 29, 2006

FERC OKs May 1 ComEd Move to PJM, But Investigates Pathway Capacity Issue

FERC last week issued an order allowing Commonwealth Edison Co. (ComEd) to integrate with PJM Interconnection on May 1, but said that it was “extremely troubled” by recent disclosures that the utility’s parent company was scrambling to procure additional capacity for the bi-directional pathway with PJM. FERC has referred the matter to its division of enforcement for a preliminary investigation.

May 3, 2004

Industry Briefs

While speaking about the ongoing energy crisis in California on Friday at the Commonwealth Club of California in San Francisco, Enron CEO Jeffrey Skilling was hit in the face with a pie from a protester who was then quickly removed from the building. Skilling reportedly unphased, wiped the pie from his face and commented “People in California are angry, and they should be.” He then continued on with his speech, blaming California’s regulators for the energy crisis in the state. Enron, along with numerous other energy companies have come under the spotlight after recent accusations made by Gov. Gray Davis and state officials implied that the companies forced electricity prices higher by holding back supply.

June 25, 2001

ComEd Asks FERC to Relax Rules for Summer Period

Commonwealth Edison Co. has requested waivers and authorizations from FERC to allow a number of its industrial and commercial customers with on-site generation to sell excess power to the utility during summer peak demand periods without first obtaining Commission approval.

May 14, 2001

ComEd Asks FERC to Relax Rules for Summer Period

Commonwealth Edison Co. has requested waivers and authorizations from FERC to allow a number of its industrial and commercial customers with on-site generation to sell excess power to the utility during summer peak demand periods without first obtaining Commission approval.

May 9, 2001

Unicom Shareholders Approve PECO Merger

As expected, shareholders of Chicago’s Unicom Corp., the parentcompany of Commonwealth Edison, voted yesterday to approve themerger of their company with PECO Energy, based in Philadelphia.Nearly 95% of the shareholders cast votes in favor of the merger.The vote followed one by PECO shareholders Tuesday, who approvedthe merger with nearly 97% in favor. When finalized, themega-merger will form a new holding company, Exelon Corp.

June 29, 2000

Industry Briefs

Commonwealth Edison announced a voluntary pilot program thatwill automatically pay its customers if it fails to live up to itscommitment to reduce electric service interruptions, provide fasterservice restoration when outages do occur and deliver bettercommunication with customers and governmental bodies aboutservice-related issues. Developed in partnership with theMetropolitan Mayors Caucus and the City of Chicago, ComEd said itpledges to automatically pay business and residential customerswhose service has been interrupted as a result ofutility-controlled circumstances. Under the plan, qualifyingresidential and business customers will receive about the averageof one month’s electric service for each outage that exceeds eighthours or if they experience three or more outages, each of four ormore hours in length, during a two-month period. Business customerswould receive $100 credit on their account balance, whileresidential customers would receive a check for $60 for eachqualified outage. In addition, customers whose service isinterrupted for 12 hours or longer will automatically receive fullcredit of their monthly customer charge. Subsequent 12-hour outageswill result in an additional monthly credit for every outageincident. Payments will automatically be disbursed within 30 days,and do not require an additional call from the customer.

May 31, 2000

ComEd, Peco Expect Rapid Merger Review

Commonwealth Edison and PECO Energy told regulators last weekthey are expecting approval of their mega-merger in near recordtime because of a long list of expected merger benefits and fewapparent regulatory hurdles. They filed applications and notices ofreorganization last week with FERC, the Pennsylvania PUC and theIllinois Commerce Commission.

November 29, 1999