New Exelon Report Highlights Company’s Progress in Creating a Cleaner, Brighter Energy Future
July 06 2016 - 11:13AM
Business Wire
Sustainability report outlines Exelon’s
investments in clean energy and innovative technology to better
serve customers, communities and shareholders
Exelon today announced it has released its latest sustainability
report as part of the company’s commitment to transparency on
sustainability strategy and performance. The report describes
Exelon’s approach to providing reliable, clean and affordable
energy products and services, and its commitment to investing in
technology and innovation to improve service to customers.
“Exelon is embracing new technological innovations, renewable
growth, energy storage, local generation and other initiatives that
are helping to reduce carbon emissions,” said Chris Crane, Exelon
president and CEO. “As part of our strategy, we are investing in a
next generation energy grid that uses clean energy and smart
technology to provide a brighter, more sustainable future for our
customers and communities.”
The report, which was based on company results prior to the
merger with Pepco Holdings, presents a comprehensive record of
Exelon’s economic, environmental and social sustainability
performance. Report highlights for the year include:
- Investing $3.7 billion in electric and
gas utility infrastructure to make the grid smarter, more reliable
and more resilient
- Investing $1.1 billion to maintain the
safety and reliability of one of the cleanest, lowest cost
generation fleets in the nation
- Increasing current and future
investment in renewable generation, with our wind portfolio now
totaling 1,500 megawatts across 10 states
- Helping utility customers save more
than 10.5 million megawatt-hours of electricity through energy
efficiency programs
- Joining with CB&I and 8 Rivers
Capital to build NET Power’s first-of-its-kind demonstration power
plant that produces zero atmospheric emissions
- Growing Constellation Technology
Venture investments in electric vehicles, local generation, energy
storage, renewable generation and intelligent buildings
- Enhancing corporate citizenship, with
employees increasing charitable giving by 12 percent over the prior
year and volunteering nearly 130,000 hours in community
service
- Giving more than $36 million in
corporate contributions to community nonprofits
- Spending more than $1.3 billion with
diversity-certified suppliers, far surpassing 2014 spend
- Achieving first-quartile performance
among peers for the length and duration of power outages at our
utilities
- Increasing companywide recycling rate
to 74 percent, the highest ever
- Being named to the North America Dow
Jones Sustainability Index for the tenth consecutive year
Exelon’s 2015 sustainability report is available at
http://www.exeloncorp.com/sustainability/interactive-csr.
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company
with the largest number of utility customers in the U.S. Exelon
does business in 48 states, the District of Columbia and Canada and
had 2015 revenue of $34.5 billion. Exelon’s six utilities deliver
electricity and natural gas to approximately 10 million customers
in Delaware, the District of Columbia, Illinois, Maryland, New
Jersey and Pennsylvania through its Atlantic City Electric, BGE,
ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one
of the largest competitive U.S. power generators, with more than
32,700 megawatts of nuclear, gas, wind, solar and hydroelectric
generating capacity comprising one of the nation’s cleanest and
lowest-cost power generation fleets. The company’s Constellation
business unit provides energy products and services to
approximately 2 million residential, public sector and business
customers, including more than two-thirds of the Fortune 100.
Follow Exelon on Twitter @Exelon.
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Exelon CorporationPaul AdamsCorporate
Communications410-470-4167paul.adams@constellation.com
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