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Exelon history
Exelon company history timeline
In late 2000, PECO Energy Company and Unicom Corporation merged together to form one of the largest energy companies in the nation known as Exelon Corporation.
On June 30, 2005, the Federal Energy Regulatory Commission approved the merger of Exelon and Public Service Enterprise Group Inc., a New Jersey utility.
In 2008, Christopher Crane was named CEO following Rowe's retirement and the completion of the merger with Constellation Energy.
Exelon announced the proposed purchase of Pepco Holdings, Inc on April 30, 2014, for $6.8 billion in an all-cash transaction.
The merger was rejected by the District of Columbia Public Service Commission in August 2015, though it was approved by other federal and state regulators.
In 2015, Earth Quaker Action Team began a campaign to pressure PECO to expand the solar power it purchases, and to purchase it locally to create jobs.
On March 23, 2016, the merger was approved by the Washington DC Public Service Commission, under a revised set of terms.
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Exelon competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Con Edison | 1823 | $13.7B | 14,071 | 148 |
| Xcel Energy | 1909 | $13.4B | 11,075 | 273 |
| Progress Energy | 1925 | $22.7B | 11,000 | - |
| Dynegy | 1984 | $4.8B | 2,489 | - |
| The Williams Companies | 1908 | $10.5B | 5,425 | 286 |
| Cenergy International Services | 1996 | - | 840 | - |
| Energy Transfer Solutions | 2003 | $8.5M | 75 | 11 |
| Edison International | 1886 | $17.2B | 12,521 | 194 |
| NiSource | 1912 | $5.5B | 8,363 | 74 |
| PPL | 1920 | $8.5B | 5,601 | 292 |
Exelon history FAQs
Zippia gives an in-depth look into the details of Exelon, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Exelon. The employee data is based on information from people who have self-reported their past or current employments at Exelon. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Exelon. The data presented on this page does not represent the view of Exelon and its employees or that of Zippia.
Exelon may also be known as or be related to Exelon and Exelon Corporation.