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May 1, 2008 - PECO Awards $110,000 in “Green Region” grants to 15 Philadelphia Region Municipalities; Grants to help preserve open-space across the region


Contact:

Ben Armstrong, PECO

     215-841-5555

 

Oliver Bass, Natural Lands Trust

     610-353-5587 Ext. 244

PHILADELPHIA, (May 1, 2008) – PECO has chosen 15 municipalities across the Greater Philadelphia region to receive $110,000 in grant funding as part of the PECO Green Region program for projects focusing on open space preservation, improvements to parks and recreation resources, and conservation.  Since the inception, PECO has provided nearly a half million dollars toward qualifying projects.

In partnership with Natural Lands Trust, the region’s largest land conservation organization, PECO will award grants to the following municipalities: Doylestown, $5,200; Lower Southampton, $9,800; and Middletown, $10,000, in Bucks County; Kennett Square, $10,000, South Coventry, $9,900, and West Brandywine, $5,100, in Chester County; Bethel, $5,000, Newtown, $7,500, Ridley Park, $7,500, and Swarthmore, $5,000, in Delaware County; Abington, $7,500, Cheltenham, $5,000, Pottstown, $5,000, and Worcester, $7,500, in Montgomery County; and City of Philadelphia, $10,000.

Municipalities may apply for a Green Region grant of up to $10,000 per project each year.  A committee with representatives from PECO, its parent Exelon, county agencies and conservation organizations reviews each application and selects the projects to receive funding.

“PECO is proud to support programs that improve our environment and the quality of life for our customers,” said Denis O’Brien, PECO president and CEO.  “It is pleasing to know that by working together we can identify ways to improve the environment throughout the region.”

Editor’s Note: PECO Communications can provide details of specific projects that will be funded through the Green Region program.

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Based in Philadelphia, PECO is an electric and natural gas utility subsidiary of Exelon Corporation (NYSE: EXC). PECO serves 1.6 million electric and 480,000 natural gas customers in southeastern Pennsylvania and employs about 2,500 people in the region. PECO delivered 78.5 billion cubic feet of natural gas and 39.9 billion kilowatt-hours-hours of electricity in 2007.  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.


 
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