This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

PECO Customers Set New Electric & Natural Gas Demand Records

Stock quotes in this article: EXC

Yesterday’s frigid arctic temperatures caused PECO customer demand for electricity and natural gas to soar to record-breaking levels. Specifically, customer demand for electricity reached 7,148 megawatts (MW), shattering PECO’s previous all-time winter energy use peak of 6,852 MW set on February 5, 2007. Customer demand for natural gas totaled 759,550 thousand cubic feet (mcf), surpassing the previous all-time winter daily total of 718,362 mcf set on January 17, 2000.

“Our customers depend on us to provide reliable power when they need it the most, especially during harsh temperatures, and our system continues to perform well,” said Craig Adams, PECO president and CEO. Adams said the company’s ongoing focus on maintenance and system enhancement projects throughout the year helped ensure customers were well served during record-setting conditions.

PECO urges customers to stay safe during dangerous weather conditions. Customers experiencing any electric or natural gas issues should call the company immediately at 1-800-841-4141. To reduce the impact of extreme temperatures can have on monthly energy costs, PECO also reminds customers to use energy as efficiently as possible. Specifically,

  • Check for drafts around windows and doors, and seal up any openings with weather stripping or even a rolled up blanket. A drafty house lets warm air escape and is much more costly to keep warm – especially on the coldest days of the season.
  • Keep the fireplace damper closed tightly when not in use.
  • Keep heating vents clean with a vacuum or broom and do not cover ducts with drapes or furniture that can block the airflow and possibly cause a fire.
  • Use ceiling fans so the warm air that has risen can be redistributed around the room.
  • Close off unoccupied rooms and regulate individual room temperatures by adjusting the registers. Adjust room registers so warm air flows across the floor and rises naturally.
  • Keep your thermostat set at a constant, comfortable level – usually 68-70 degrees.
  • Replace the filter for your heat pump or furnace for the new heating season. Dirty filters block airflow and force equipment to work harder – this increases operating costs and can cause damage.
  • Wrap water heaters with an insulation blanket. These blankets are inexpensive and easy to install.
  • And remember to turn off unnecessary lights and other electronics.

For more information on how to save energy and money visit peco.com/SmartIdeas.

Based in Philadelphia, PECO is an electric and natural gas utility subsidiary of Exelon Corporation (NYSE: EXC). PECO serves 1.6 million electric and 497,000 natural gas customers in southeastern Pennsylvania and employs about 2,400 people in the region. PECO delivered 76.5 billion cubic feet of natural gas and 37.5 billion kilowatt-hours of electricity in 2012. Founded in 1881, PECO is one of the Greater Philadelphia Region's most active corporate citizens, providing leadership, volunteer and financial support to numerous arts and culture, education, environmental, economic development and community programs and organizations.

If you are a member of the media and would like to receive PECO news releases via e-mail please send your e-mail address to PECO.Communication@exeloncorp.com

Copyright Business Wire 2010

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,804.71 -238.19 -1.40%
S&P 500 1,946.16 -26.13 -1.32%
NASDAQ 4,422.0850 -71.3050 -1.59%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs