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Exelon Corporation is an American public utility headquartered in Chicago, and incorporated in Pennsylvania. [1] Exelon is the largest electric parent company in the United States by revenue and is the largest regulated electric utility in the United States with approximately 10 million customers.
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On September 15, 2005, Constellation Energy announced a joint venture, UniStar Nuclear, with Areva to market the European Pressurized Reactor (EPR) in the United States. On December 19, 2005, FPL Group, Inc. announced the acquisition of Constellation Energy in a merger transaction valued at more than $11 billion, as well as the fact that it would adopt Constellation Energy as its name for the ...
Unicom Corporation was formed in 1994 after energy company Commonwealth Edison executives focused on a corporate image makeover. [1] Unicom's primary subsidiary, Commonwealth Edison, focused on the production, purchase, transmission, distribution, and sale of electricity to residential, commercial, industrial, and wholesale customers. [3]
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PECO, formerly the Philadelphia Electric Company, is an energy company founded in 1881 and incorporated in 1929. [1] It became part of Exelon Corporation in 2000 when it merged with Commonwealth Edison's holding company Unicom Corp.
The earliest predecessor of Commonwealth Edison was the Isolated Lighting Company, established in early 1881 by George H. Bliss as a subsidiary of Thomas Edison's company to sell small Edison-patented generators and lighting systems, each serving one building or several nearby buildings.