Exelon Generation Company, LLC · Kennett Square, PA United States
Company Description
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This link will open in a new window You've heard of Generation X, well Exelon Generation Company is a member of Generation P, as in power. The company, a subsidiary of Exelon Corporation , is one of the largest electric wholesale and retail power generation companies in the US. Exelon Generation has a generation capacity of about 25,000 MW (including 17,000 MW of nuclear-generated power, through Exelon Nuclear, and 8,000 MW of fossil-fired and hydroelectric power, through Exelon Power). It also controls another 6,500 MW through long-term contracts. A third unit, Exelon Power Team , sells electricity produced at Exelon Generation's plants through long and short term contracts. To read the full description, subscribe now.
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Key Exelon Generation Company, LLC Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 3,000 |
Exelon Generation Company, LLC Executives
9 executives listed for Exelon Generation Company, LLC's Kennett Square, PA location.
| Title | Name & Bio | Contact |
| Chairman and CEO | John Rowe | Network |
| President | Christopher Crane | Network |
| SVP and CFO | Matthew Hilzinger | Network |
Competition
Competitive Landscape for Exelon Generation Company, LLC
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 Generation Company, LLC Competitors
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