Exelon Power Team · Kennett Square, PA United States
Company Description
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This link will open in a new window Exelon Power Team has a commanding stance in the wholesale power industry. A leading North American power marketer, Exelon Power Team sells electricity produced at parent Exelon Generation 's plants through long and short term contracts. Other operations include trading energy on the open market. (Exelon Generation holds utility company Exelon 's nonregulated power operations.) Exelon Power Team is also responsible for supplying wholesale electricity to Exelon's regulated utilities, and it provides risk management services. To read the full description, subscribe now.
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Key Exelon Power Team Financials
| Company Type | |
| 2000 Sales (mil.) | $2,700.0 |
| 2000 Employees | 120 |
Exelon Power Team Executives
13 executives listed for Exelon Power Team's Kennett Square, PA location.
| Title | Name & Bio | Contact |
| President and COO, Exelon Corporation | Christopher Crane | Network |
| President | Kenneth Cornew | Network |
| VP Market Development | Jack Crowley | Network |
Competition
Competitive Landscape for Exelon Power Team
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 Power Team Competitors
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