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PECO Honored for Commitment to Safety by Southeastern Electric Exchange

PHILADELPHIA (July 6, 2015) – The Southeastern Electric Exchange (SEE) has named PECO as the organization’s safest member company. PECO was recognized with the 2015 Total Company Safety Award at the SEE Annual Conference and Trade Show held in Hershey, Pa. in June.   

The Total Company Safety Award recognizes the participating member company that achieves the best (lowest) Occupational Safety and Health Administration (OSHA) recordable incidence rate for the year. Last year, PECO’s overall OSHA recordable rate of .54 marked the best safety performance in the company’s history, surpassing the company’s previous record set in 2013. It also was the third year in a row that PECO achieved its best-ever safety performance. PECO remains one of the safest utilities in the industry and the company’s OSHA recordable rate matches the Edison Electric Institute’s best-in-class measurement for electric utilities nationwide.

“This award is a testament to our company’s enduring commitment to safety and exemplifies the hard work and dedication of our employees to keep safety at the forefront of everything we do,” said Mike Innocenzo, PECO senior vice president and chief operating officer. “We will remain focused on continuing this positive trend moving forward and will work with other utilities to make the industry safer.”

In addition to his role at PECO, Innocenzo also serves on the board of the Southeastern Electric Exchange.

The Southeastern Electric Exchange is a non-profit, non-political trade association of investor-owned electric utility companies. Founded in 1933, the organization seeks to enhance the operational performance of its member companies and provides mutual aid coordination to support storm restoration activities.

In addition to the SEE Total Company Safety Award, PECO was recently recognized by the Energy Association of Pennsylvania with three job safety awards for experiencing low safety incidence rates in 2014 and a reduction in motor vehicle accidents compared to the prior year.

PECO sister utility BGE in Baltimore also was recognized by SEE with a 2015 Industry Excellence Award. BGE won the award for the company’s Business Intelligence and Data Analytics Initiative to identify opportunities to further improve the efficiency of the company’s natural gas and electric systems operations.

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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 more than 506,000 natural gas customers in southeastern Pennsylvania and employs about 2,400 people in the region.  PECO delivered 89.9 billion cubic feet of natural gas and 37.5 billion kilowatt-hours of electricity in 2014.  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.  For more information visit PECO.com, and connect with the company on Facebook and Twitter.

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