Exelon Corporation (PEO)

Overview

Exelon Corporation stands as a prominent utility services holding company, primarily operating in the United States and Canada. Established in 1999 and headquartered in Chicago, Illinois, the company thrusts itself into the forefront of the energy distribution and transmission sector. By engaging in both the purchase and regulated retail sale of electricity and natural gas, Exelon Corporation ensures reliable energy supply to a diverse customer base. This includes not only the direct transmission and distribution of electricity but also the meticulous distribution of natural gas to retail customers. Additionally, the company's foundational support services span various essential areas such as legal, human resources, information technology, supply management, financial, engineering, customer operations, and more, ensuring robust operational efficiency across its extensive network.

Products and Services

• Electricity and Natural Gas Sale:

  Exelon Corporation deals with the regulated retail sale of electricity and natural gas, ensuring that both residential and commercial customers have access to essential energy resources. By positioning itself as a key player in energy provision, the company manages the complexities of supply and demand, maintaining a steady flow of power and gas tailored to meet the needs of diverse user groups.

• Transmission and Distribution of Electricity:

  The transmission and distribution network of electricity facilitated by Exelon Corporation is pivotal in its service offerings. This infrastructure ensures that generated electricity is efficiently transported from power plants to end users, including distribution utilities, municipalities, and directly to consumers. The process encompasses a wide range of technical and operational expertise, ensuring reliability and security of supply.

• Distribution of Natural Gas:

  Alongside its electricity endeavors, Exelon Corporation also undertakes the distribution of natural gas. This facet of the business guarantees that natural gas reaches retail customers safely and efficiently, catering to heating, cooking, and energy needs across residential, commercial, and industrial sectors. The company’s gas distribution infrastructure plays a crucial role in meeting the energy demands of a vast number of customers.

• Support Services:

  The backbone of Exelon Corporation's operational success is its comprehensive range of support services. These include but are not limited to legal support, human resources, information technology, and supply management. Furthermore, specialized services in financial management, engineering, customer operations, transmission and distribution planning, asset management, system operations, and power procurement provide a solid framework for the company. These services ensure that all facets of the utility provision, from infrastructural integrity to customer satisfaction, are effectively managed.