Exelon

Exelon was incorporated in 2000 as a result of the merger between PECO Energy Company and Unicom, the parent company of Commonwealth Edison. The company has since established its corporate headquarters in Chicago, Illinois. Within the energy sector, Exelon's business activities are concentrated in two main categories: power generation and utilities. The power generation segment of Exelon includes a diversified mix of nuclear, fossil, wind, solar, and hydroelectric power plants, showcasing a commitment to a broad range of energy sources. Additionally, the utilities segment plays a critical role in the company's structure as Exelon owns multiple energy providers responsible for distributing electricity and natural gas to customers. Among the most prestigious brands under Exelon's umbrella are its utility companies, which hold prominent positions in their respective markets. These include Commonwealth Edison (ComEd) in the Chicago area, PECO Energy Company (PECO) in the Philadelphia region, Baltimore Gas & Electric (BGE) serving Baltimore, Atlantic City Electric (ACE) catering to southern New Jersey, Delmarva Power in parts of Delaware and Maryland, and Pepco which operates in Washington, D.C., and parts of Maryland. Exelon's main market is the United States, where it focuses on delivering its products and services, particularly within the Mid-Atlantic and Midwest regions through its array of utility subsidiaries. These subsidiaries collectively provide essential services to millions of customers, affirming Exelon's prominent position in the U.S. energy landscape. (Powered by AI)