Private company
PECO Energy Company
Logo: Exelon Corporation, Public domain, via Wikimedia Commons4
Energy company
PECO, formerly the Philadelphia Electric Company, is an energy company founded in 1881 and incorporated in 1929. It became part of Exelon Corporation in 2000 when it merged with Commonwealth Edison's holding company Unicom Corp.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- HeadquartersPhiladelphia1
- Websitepeco.com
- Legal formBusiness Corporation3
- LEIYH65D4JBECK76IFEJ2793
- StatusActive3
- LEI statusIssued and current3
- Registered addressC/O Corporate Creations Network Inc., 16501 Erie, United States3
- Registered withPennsylvania Department of State, 2784113
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PECO, formerly the Philadelphia Electric Company, is an energy company founded in 1881 and incorporated in 1929. It became part of Exelon Corporation in 2000 when it merged with Commonwealth Edison's holding company Unicom Corp.2
Corporate structure
PECO Energy Company is part of a group headed by Exelon. 66 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
- Exelon Chicago, Illinois, United States
- Commonwealth Edison Chicago, Illinois, United States
- Commonwealth Subsidiary Corporation Subsidiary · United States
- PECO Energy Company Philadelphia, Pennsylvania, United States
- Pepco Holdings, Inc. Washington, the District of Columbia, United States
- AMP Funding, L.L.C. Subsidiary · Delaware, United States
- Atlantic City Electric Company Subsidiary · New Jersey, United States
- Atlantic City Electric Transition Funding LLC Subsidiary · Delaware, United States
- Atlantic Generation, Inc. Subsidiary · New Jersey, United States
- Atlantic Southern Properties, Inc. Subsidiary · New Jersey, United States
- ATNP Finance Company Subsidiary · Delaware, United States
- Clean Jobs for Pennsylvania, LLC Subsidiary · Delaware, United States
- ComEd Financing III Subsidiary · Delaware, United States
- Commonwealth Edison Company of Indiana, Inc. Subsidiary · Indiana, United States
- Conectiv Communications, Inc. Subsidiary · Delaware, United States
- Conectiv Energy Supply, Inc. Subsidiary · Delaware, United States
- Conectiv Properties and Investments, Inc. Subsidiary · Delaware, United States
- Conectiv Solutions LLC Subsidiary · Delaware, United States
- Conectiv, LLC Subsidiary · Delaware, United States
- Data Center Enterprise, LLC Subsidiary · Delaware, United States
- Delaware Operating Services Company, LLC Subsidiary · Delaware, United States
- E&W Development Corporation Subsidiary · Florida, United States
- EdiSun, LLC Subsidiary · Delaware, United States
- ETT Canada, Inc. Subsidiary · New Brunswick, Canada
- Ex-FM, Inc. Subsidiary · New York, United States
- Ex-FME, Inc. Subsidiary · Delaware, United States
- Exelon Business Services Company, LLC Subsidiary · Delaware, United States
- Exelon Energy Delivery Company, LLC Subsidiary · Delaware, United States
- Exelon Enterprises Company, LLC Subsidiary · Pennsylvania, United States
- Exelon Genesis, LLC Subsidiary · Delaware, United States
- and 32 more
- Delmarva Power Subsidiary · Wilmington
- Potomac Electric Power Company Subsidiary · Washington, the District of Columbia, United States
- BALTIMORE GAS AND ELECTRIC COMPANY Subsidiary · Baltimore, Maryland, United States
- DELMARVA POWER & LIGHT COMPANY Subsidiary · Newark, Delaware, United States
- Commonwealth Edison Chicago, Illinois, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.
Subsidiaries and ownership
Parent company
- Exelon since 2000
From Wikidata.1
Acquisitions
- Succeeded Philadelphia Electric1
Timeline
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Federal grants $300.0M
- Federal contracts $54.8M
Figures by year
| Year | Federal grants | Federal contracts | Total |
|---|---|---|---|
| 2026 | – | $616.3K | $616.3K |
| 2025 | – | $878.7K | $878.7K |
| 2024 | $100.0M | $847.5K | $100.8M |
| 2023 | – | $1.7M | $1.7M |
| 2022 | – | $289.2K | $289.2K |
| 2021 | – | $1.1M | $1.1M |
| 2020 | – | $3.5M | $3.5M |
| 2019 | – | $2.4M | $2.4M |
| 2017 | – | $960.2K | $960.2K |
| 2016 | – | $1.6M | $1.6M |
| 2015 | – | $661.7K | $661.7K |
| 2014 | – | $973.8K | $973.8K |
| 2013 | – | $482.5K | $482.5K |
| 2012 | – | $1.4M | $1.4M |
| 2010 | – | $7.1M | $7.1M |
| 2009 | $200.0M | $10.5M | $210.5M |
| 2008 | – | $19.8M | $19.8M |
Federal awards
Obligated amounts from USAspending.gov6, by calendar year, 2008–2026, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.
Largest grants
- Dec 24, 2009$200.0M from Department of Energy: Electricity Delivery And Energy Reliability, Research, Development And Analysis7 To PECO ENERGY COMPANY Award DEOE0000207
- Sep 1, 2024$100.0M from Department of Energy: Grid Infrastructure Deployment And Resilience8 To PECO ENERGY COMPANY Award DEGD0000879
Largest contracts
- Nov 25, 2008$3.8M from Public Buildings Service: Electric service for ten (10) years for the va center, 5000 wissahickon avenue, philadelphia, pa 191449 To PECO ENERGY COMPANY Award GSP0308AZ0017
- Sep 30, 2009$2.9M from Department of Veterans Affairs: Electic utility services10 To PECO ENERGY COMPANY Award VA642C96750
- Nov 13, 2006$2.2M from Internal Revenue Service: Electric service for the north,south,eas11 To PECO ENERGY COMPANY Award TIRNE07T00015
- Sep 28, 2009$2.0M from United States Mint: Electric bill for fy201012 To PECO ENERGY COMPANY Award TMHQ10P0075
- Oct 18, 2007$1.9M from Internal Revenue Service: Electric service for the north,south,eas13 To PECO ENERGY COMPANY Award TIRNE08T00013
Links
- Websitewww.peco.com1
- Websitepeco.com1
- X (Twitter)x.com/PECOconnect1
- Facebookwww.facebook.com/PECOconnect1
- Instagramwww.instagram.com/pecoconnect1
- YouTubewww.youtube.com/channel/UCpeAyowXhn3rEbtt_8lAdqg1
- WikipediaPECO Energy Company
- More imagesWikimedia Commons
- WikidataQ7118900
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataPECO Energy Company on Wikidata
- 2WikipediaPECO Energy Company on Wikipedia
- 3
- 4Wikimedia CommonsPECO Energy Company logo by Exelon Corporation, Public domain
- 5Wikimedia CommonsPECO Energy Company photo by ajay_suresh, CC BY 2.0
- 6USAspending.govUSAspending.gov recipient profile: PECO ENERGY COMPANY
- 7USAspending.govDEOE0000207: Department of Energy
- 8USAspending.govDEGD0000879: Department of Energy
- 9USAspending.govGSP0308AZ0017: Public Buildings Service
- 10USAspending.govVA642C96750: Department of Veterans Affairs
- 11USAspending.govTIRNE07T00015: Internal Revenue Service
- 12USAspending.govTMHQ10P0075: United States Mint
- 13USAspending.govTIRNE08T00013: Internal Revenue Service