Exelon Energy Company · Kennett Square, PA United States
Company Description
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This link will open in a new window You cannot accuse Exelon Energy Company of lacking energy -- it has access to major supplies of both electric power and natural gas. The retail marketing company (an indirect subsidiary of Exelon Corporation ) is an unregulated supplier of natural gas and electricity to commercial and industrial users. Exelon Energy markets electricity to customers in Illinois and Pennsylvania, and natural gas to customers in Illinois, Michigan, and Ohio. It has more than 6,000 electricity accounts in Illinois, and more than 11,000 natural gas accounts in Illinois, Michigan, Ohio, and Pennsylvania. To read the full description, subscribe now.
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Key Exelon Energy Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 60 |
Exelon Energy Company Executives
8 executives listed for Exelon Energy Company's Kennett Square, PA location.
| Title | Name & Bio | Contact |
| VP | Sheree Petrone | Network |
| Director Marketing and Business Development | Mark van der Helm | Network |
| Manager Business Operations | Lena Elguindi | Network |
Competition
Competitive Landscape for Exelon Energy Company
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 Energy Company Competitors
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