Exelon

Exelon Corp.’s Pennsylvania gas and electric utility, PECO, saw natural gas consumption fall approximately 3.3% in 2008, including a 1.4% drop in December compared to December 2007, the company said Wednesday.

Exelon Corp.’s Pennsylvania gas and electric utility, PECO, has requested permission from the Pennsylvania Public Utility Commission (PUC) to begin phase one of a voluntary residential real-time pricing program (RRTP) that would allow up to 2,000 customers to view real-time energy prices.

Exelon Corp.’s Pennsylvania gas and electric utility, PECO, has requested permission from the Pennsylvania Public Utility Commission (PUC) to begin phase one of a voluntary residential real-time pricing program (RRTP) that would allow up to 2,000 customers to view real-time energy prices.

Exelon’s two utility subsidiaries, Commonwealth Edison in Chicago and Philadelphia-based PECO, reported record winter peak power demand last Monday because of extremely cold temperatures and customer growth, and KeySpan said its New York and Long Island utility operations both set new gas demand records when it averaged about 14 degrees in the KeySpan service territory.

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.

Quieting recent suggestions that the company was going to separate its regulated and unregulated entities in the wake of its failed merger with Exelon, Public Service Enterprise Group’s (PSEG) management said Tuesday the whole company continues to produce strong operational results and that the continued financial success will allow for “disciplined future growth” going forward.

Quieting recent suggestions that the company was going to separate its regulated and unregulated divisions in the wake of its failed merger with Exelon, Public Service Enterprise Group’s (PSEG) management said last week that the entire company continues to produce strong operational results and that the continued financial success will allow for “disciplined future growth” going forward.

Despite the vociferous opposition to a FERC decision on the merger of Exelon Corp. and Public Service Enterprise Group (PSEG) without a hearing, analyst Christine Tezak of the Stanford Washington Research Group still predicts there’s a 75% chance that is exactly what will happen, “possibly by the end of June.”

PECO Energy, a subsidiary of Exelon Corp., plans to invest more than $200 million in capital projects in both its electric and gas systems this year in what the company said was a “strategic investment” to ensure service reliability for customers.