Exelon Corporation · Chicago, IL United States ·(NYSE: EXC)
Company Description
Phone: 312-394-7398
Fax: 312-394-7945
Rankings
- #133 in FT Global 500
- #134 in FORTUNE 500
- S&P 500
- Dow Jones Utilities
View Exelon Corporation Locations On A US Map
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This link will open in a new window The City of Brotherly Love meets the Windy City in utility holding company Exelon. The company distributes electricity to 5.4 million customers in northern Illinois (including Chicago) and southeastern Pennsylvania (including Philadelphia) through subsidiaries Commonwealth Edison (ComEd) and PECO Energy . PECO also distributes natural gas to 485,000 customers. Subsidiary Exelon Generation holds the company's power plants, whose production capacity is more than 24,800 MW. Exelon Power Team is a top wholesale energy marketer, and Exelon Energy markets retail power and offers other energy-related services. To read the full description, subscribe now.
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Key Exelon Corporation Financials
| Company Type | Public - NYSE: EXC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $18,859.0 |
| 2007 Employees | 17,800 |
Exelon Corporation Executives
46 executives listed for Exelon Corporation's Chicago, IL location.
| Title | Name & Bio | Contact |
| Chairman and CEO, Exelon Corporation and Exelon Generation; Chairman, PECO | John Rowe | Network |
| President and COO; President, Exelon Generation | Christopher Crane | Network |
| SVP and CFO; CFO, Exelon Generation | Matthew Hilzinger | Network |
Competition
Competitive Landscape for Exelon Corporation
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Exelon Corporation Competitors
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