CHICAGO — Exelon (Nasdaq: EXC) energy delivery companies ComEd and PECO have been named to Site Selection magazine's 2022 list of Top U.S. Utilities in Economic Development, exemplifying Exelon's companywide commitment to driving investment, new business and job growth in the communities it serves.
“We invest billions of dollars into our infrastructure to ensure our customers have access to safe, reliable and affordable energy, which is critical as we lead the energy transformation and ready the grid for electrification,” said Calvin Butler
, president and chief operating officer of Exelon. “We help power the economic health and well-being of our communities by making it easier for new and expanding businesses to connect to a more sustainable, reliable and resilient grid, spurring job creation and economic growth.”
Site Selection is a national trade publication for corporate executives, site location consultants and real estate professionals who are responsible for choosing business and industry locations.
The magazine recognized Chicago-based ComEd for the ninth year, highlighting its success in launching 16 new commercial projects, with commitments to invest $3 billion locally and create 4,700 new jobs in northern Illinois. ComEd’s infrastructure investments include the construction of three new substations, which are helping to support large power-requirement projects like data centers, indoor agriculture farms, e-commerce and manufacturing-related industries.
PECO was recognized for the sixth year for its leading role in supporting economic growth and job creation across southeastern Pennsylvania, with commitments to invest $3.1 billion and create nearly 4,500 jobs. PECO’s infrastructure investments include electric distribution capacity enhancements to support the region’s growing life sciences industry, evolving network of warehouse/distribution centers, rising data center sector and many multi-family developmental projects.
Although ComEd and PECO were formally recognized by Site Selection, each of Exelon’s energy delivery companies supports major economic projects within its service territories to spur innovation and create jobs for those living in the region. Some highlights include:
More information about Exelon’s broader community investments, including local workforce development training programs, community and educational grants and employee volunteerism, is available at exeloncorp.com.
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