CollectionsPeco
IN THE NEWS

Peco

FEATURED ARTICLES
BUSINESS
September 7, 1995 | by Anthony S. Twyman, Daily News Staff Writer
Sparks flew yesterday over Peco Energy Co.'s $3.8 billion hostile bid for Allentown-based PP&L Resources Inc. In its first formal response, PP&L's board unanimously rejected Peco's bid. The company cited concerns over Peco's debt, high customer rates and the effect of the deal on shareholder dividends. "We have concluded that the Peco proposal is not in the best interests of PP&L Resources, its shareowners, customers, employees or the communities it serves," said William F. Hecht, PP&L's chairman, in a sharply worded letter to Peco's chairman, Joseph F. Paquette Jr. Hecht also warned Peco against any further pursuit of a hostile takeover.
NEWS
January 17, 2006 | By Walter F. Naedele INQUIRER STAFF WRITER
A few hundred homes in the five-county Philadelphia region remained without electricity as of late yesterday afternoon after Saturday's windstorm, according to Peco spokeswoman Cathy Engel. Peco expected service to be fully restored by early evening. At the storm's peak, Engel said, 28,000 of Peco's 1.6 million electricity customers in Philadelphia and Bucks, Chester, Delaware and Montgomery Counties were without power. Peco said the outages were caused by high winds that knocked down power lines.
NEWS
July 26, 2001
In recent years, a series of technological breakthroughs . . . has begun to coalesce around a new model for an energy system that would better serve the needs of the near future, while enabling power producers as well as consumers to lessen their impact on the environment in the long term. . . . The smarter energy network of the future . . . will incorporate a diversified pool of resources located closer to the consumer, pumping out low- or zero-emission power in backyards, driveways, downscaled local power stations, and even in automobiles, while giving electricity users the option to become energy vendors.
NEWS
October 3, 1995 | By Andy Wallace, INQUIRER STAFF WRITER
John A. Wojciechowicz, 89, formerly of Huntingdon Valley, a retired electric-company employee who was active in Polish American affairs, died Friday of a pneumonia at his home in Miami Springs, Fla. Mr. Wojciechowicz worked in the engineering and research departments at the Philadelphia Electric Company for 46 years before he retired in 1971. He moved to Florida in 1984. He was a graduate of St. Joseph's Prep and Drexel University, where he received a degree in engineering.
NEWS
December 30, 2012 | By Aubrey Whelan, INQUIRER STAFF WRITER
About 1,300 Northeast Philadelphia households were left without power early Saturday morning when a defective transformer cut power to houses in Oxford Circle. PECO customers in the Oxford Circle neighborhood lost power around 6:30 a.m. a PECO spokesperson said. All but 66 had power restored by 1:30 p.m. The remaining houses were expected to have power back on by 5 p.m., PECO said. PECO couldn't provide any more details on the defective transformer, which was situated underground.
NEWS
August 16, 2011
Peco Energy Co.'s residential commodity charge will increase 7 percent on Oct. 1 from 10.42 cents per kilowatt hour to 11.14 cents. The increase in the generation charge, also known as the price to compare, is slightly higher than the utility projected last month. Since only the supply charge is affected, a typical customer's total monthly bill will increase 4 percent or about $5.40 a month. The charge for small commercial customers will increase 5 percent from 10.32 cents per kilowatt hour to 10.87 cents, said Catherine Engel Menendez, Peco's spokeswoman.
NEWS
April 13, 1989 | By Caroline Gretton, Special to The Inquirer
The Newtown Township supervisors Monday night postponed a decision on a request by the Philadelphia Electric Co. (PECO) to have a portion of its land on Route 332 used for a motel and restaurant. PECO made the request along with an offer to donate land adjacent to its office complex for a portion of the Newtown Bypass to be constructed later this year. The board postponed a decision on the matter until PECO conducts a study determining the feasibility of its proposed use of the land.
BUSINESS
July 18, 2007 | By Harold Brubaker INQUIRER STAFF WRITER
About 300,000 Peco Energy customers received a reply envelope with their latest bill that will not get their payment in on time. The address window in the envelope is in the wrong place, so the address will not show, Peco spokesman Ted Caddell said yesterday. Using an automated telephone-calling system, the utility is asking the affected customers to write the address - which is on the front and back of the bill - on their own envelope to send in their payment. "This is a one-time thing," Caddell said.
BUSINESS
September 14, 2012 | By Andrew Maykuth, INQUIRER STAFF WRITER
HARRISBURG - A Peco Energy Co. executive said Thursday the suspension of a ballyhooed smart-meter installation program would likely continue until early October while the utility evaluates what caused 29 of the devices to overheat and catch fire. Mike Innocenzo, Peco's senior vice president of operations, told a special meeting of the Pennsylvania Public Utility Commission that the company was committed to the safe rollout of smart meters, some of which began overheating soon after Peco began a mass installation campaign in March.
BUSINESS
March 29, 2015 | By Andrew Maykuth, Inquirer Staff Writer
Peco filed a $190 million electric-rate increase request Friday, its first in five years, which it says would increase a residential customer's bill 6 percent. The Philadelphia utility, which serves 1.6 million customers in the city and surrounding counties, characterized the rate increase and a companion filing outlining its five-year infrastructure-improvement plan as vital customer investments in the power system. "These investments are needed to ensure we can continue to keep the lights on for our customers and provide the safe, reliable service they deserve," Craig Adams, Peco's president and chief executive, said in a statement.
1 | 2 | 3 | 4 | 5 | Next »
ARTICLES BY DATE
BUSINESS
May 18, 2015 | By Andrew Maykuth, Inquirer Staff Writer
Four years into Pennsylvania's much-heralded Era of Electric Choice, it's time to assess. Is it worth switching electricity suppliers? Maybe. Picking plans and suppliers is a gamble, as many discovered, to their dismay, during last year's chilling polar vortex. Since then, the state Public Utility Commission has toughened the rules, to make it harder for shady operators. But never underestimate the creativity of dishonest people. If you follow a few simple rules and filter out most of the noise, I've discovered, there are ways to achieve tortoise-like savings, without much sweat.
BUSINESS
May 14, 2015 | By Andrew Maykuth, Inquirer Staff Writer
Behind the scenes at the Navy Yard, with its new corporate headquarters and restored 70-year-old buildings, another transformation is taking place that is largely invisible to the public, but that could have far-reaching implications. Philadelphia Industrial Development Corp., the agency redeveloping the Navy Yard, is installing a "smart-grid" system on the 1,200-acre campus in South Philadelphia. PIDC envisions constructing an interconnected network of renewable power sources and storage devices in a self-supporting "community" system.
BUSINESS
May 9, 2015 | By Andrew Maykuth, Inquirer Staff Writer
State regulators on Thursday approved a Peco Energy Co. plan to double the amount it spends annually to replace aging gas mains, from $34 million to $61 million. The Pennsylvania Public Utility Commission approved Peco's plan to accelerate the pace at which it upgrades at-risk pipes from 34 years to 20 years. The PUC has been pressuring gas utilities to upgrade underground distribution networks. The PUC's approval sets the stage for Peco to request a monthly customer fee known as a distribution system improvement charge, under a 2012 state law. The Philadelphia company serves more than 500,000 gas customers in suburban counties.
BUSINESS
April 29, 2015 | By Andrew Maykuth, Inquirer Staff Writer
Peco Energy Co., the regional utility with 1.6 million electric customers and 500,000 natural gas customers, generated an estimated economic impact of $4.5 billion across Pennsylvania last year and supported nearly 10,000 jobs, according to a report the company released Monday. The utility, which operates in Philadelphia and surrounding Pennsylvania counties, produced $760 million in labor income across Pennsylvania, according to the study by the Economy League of Greater Philadelphia, which employed Econsult Solutions Inc. to conduct the economic modeling.
BUSINESS
April 25, 2015 | By Andrew Maykuth, Inquirer Staff Writer
State regulators are seeking a special inquiry into a new Peco Energy Co. rate proposal that would affect commercial customers who produce some of their own power. The Pennsylvania Public Utility Commission on Thursday voted to investigate Peco's $190 million electric rate filing, a routine action that guarantees the proposal will be assigned to an administrative law judge for hearings and undergo scrutiny for up to seven months. In a joint statement, Chairman Robert F. Powelson and Commissioner Gladys M. Brown raised specific questions about Peco's proposal to replace the Auxiliary Service Rider in its existing rates with a new Capacity Reservation Rider.
BUSINESS
April 23, 2015 | By Andrew Maykuth, Inquirer Staff Writer
The Obama administration announced a broad plan to modernize the nation's energy infrastructure Tuesday in Philadelphia, where an aging system of pipes, wires, rails, and waterways is struggling to adapt to a dramatically shifting energy environment. A delegation headed by Vice President Biden visited the city to unveil the initial installment of the Quadrennial Energy Review, which focuses on how to transform the nation's energy transmission, storage, and distribution infrastructure.
BUSINESS
March 29, 2015 | By Andrew Maykuth, Inquirer Staff Writer
Peco filed a $190 million electric-rate increase request Friday, its first in five years, which it says would increase a residential customer's bill 6 percent. The Philadelphia utility, which serves 1.6 million customers in the city and surrounding counties, characterized the rate increase and a companion filing outlining its five-year infrastructure-improvement plan as vital customer investments in the power system. "These investments are needed to ensure we can continue to keep the lights on for our customers and provide the safe, reliable service they deserve," Craig Adams, Peco's president and chief executive, said in a statement.
NEWS
March 12, 2015 | Chris Hepp, Inquirer Staff Writer
Whatever privations Nelson A. Diaz suffered as a child growing up in a Harlem tenement, they are in his rearview mirror now. Lynne M. Abraham stands as a testament to the relative generosity of city pensions. And State Sen. Anthony Hardy Williams' household keeps the bills paid with a big boost from fracking interests. Those are a few highlights gleaned from federal tax returns of five Democratic mayoral candidates. Diaz, Abraham, Williams, James F. Kenney, and Doug Oliver voluntarily released past returns to The Inquirer for review.
NEWS
March 6, 2015 | By Jenny DeHuff
SUNSHINE STATE Rapper Flo Rida , a/k/a Tramar Lacel Dillard , made a stop in Bala Cynwyd on Tuesday to teach his new fitness regimen to an exclusive group at AFC Fitness (601 Righters Ferry Road, Bala Cynwyd). Dillard, 35, is promoting his new FLO Fit program, which promises to get you in the best shape of your life with his high-intensity workout plan and DVD set. According to AFC Fitness president Matt Littman , about 30 participants got a FLO Fit tutorial from the Grammy-nominated hip-hop artist at 3 p.m. Tuesday.
BUSINESS
February 20, 2015 | By Andrew Maykuth, Inquirer Staff Writer
Peco Energy Co. will inspect more than 39,000 utility poles throughout Bucks and Philadelphia Counties this year as part of the company's ongoing preventive maintenance program. Inspections include a visual examination of poles and the attached equipment, taking samples from the interior of poles and excavating around the base to check for decay. Any necessary repairs and replacements would then be performed. Peco maintains 390,000 poles across the region and each is inspected every 10 years.
1 | 2 | 3 | 4 | 5 | Next »
|
|
|
|
|