Contact: Jamie Caswell
202-872-2680 (Media Hotline)
FOR IMMEDIATE RELEASE
PEPCO’S PARENT COMPANY, EXELON, MOVES FORWARD AS NATION’S
PREMIER TRANSMISSION AND DISTRIBUTION UTILITY COMPANY
Company launches new branding and reassures customers and communities of commitment to delivering safe, reliable, affordable and clean energy
WASHINGTON, D.C. (February 2, 2022) — Pepco’s parent company, Exelon, today announced completion of its separation from former power generation and competitive energy business, Constellation. Pepco remains part of Exelon, the nation’s premier transmission and distribution company serving more than 10 million customers. As part of this change, Pepco, its parent company and sister utilities – Atlantic City Electric, BGE, ComEd, Delmarva Power, and PECO – have unveiled a new look that reflects their evolution to become more unified and integrated. See the new Pepco logo below:
“We are excited to continue to be part of the Exelon family and remain committed to powering a cleaner and brighter future for our customers and communities,” said Tyler Anthony, president and CEO, Pepco Holdings. “Every day, we work to deliver safe, reliable, affordable, and clean energy, and that will not change. We look forward to continuing to bring our customers the benefits of being part of the nation’s premier transmission and distribution utility company.” Guided by the company’s existing leadership, Pepco will continue its strong focus on serving customers and investing in infrastructure and technologies equitably to enhance safety and improve reliability and resiliency. The company will continue its commitment to a world-class customer experience with new tools and resources, keeping accessibility and affordability at the center. Pepco will continue its leadership and support to advance a cleaner energy future, like the company’s Climate Commitments in the District and Maryland and the Climate Solutions Plan. And, Pepco will continue its steadfast commitment to local communities, building on the record volunteerism of its employees and its continued financial and leadership support of community organizations across the District of Columbia and Maryland.
Since Pepco joined the Exelon family of companies in 2016, customers and communities have seen meaningful economic and service benefits. Here are just a few:
• Infrastructure improvements during the last five years have driven a 30-percent decrease in the frequency of electric outages Pepco customers experienced.
• Pepco purchased $249 million in goods and services, in 2020, from diversity-certified suppliers, which equates to 35 percent of the company’s total yearly purchases.
• The company provided more than $3.2 million in financial support, in 2021, for nonprofits and community partners across our service area.
Going forward, Pepco customers will see the new, modernized branding, including the new logo, on the company’s website, mobile app, social media channels, advertising and business materials. Pepco may have a new look and feel, but the company’s commitment to providing essential service and support for its customers and communities remains unchanged.
# # #
Pepco is a unit of Exelon (Nasdaq: EXC), a Fortune 200 company and the nation’s largest utility company, serving more than 10 million customers. Pepco provides safe and reliable energy service to approximately 894,000 customers in the District of
Columbia and Maryland