For Immediate Release
PECO partners with the United Way and local nonprofit organizations to provide emergency aid and relief
PHILADELPHIA, PA (April 14, 2020) — Today, PECO announced it will donate additional funding to the United Way and local nonprofit organizations to help residents impacted by the coronavirus pandemic. With the increased funding, PECO and the Exelon Foundation will donate a total of $1.1 million towards the coronavirus response and relief efforts across the Greater Philadelphia region.
The additional donation includes support for the Foundation for Delaware County, Montgomery County Foundation, United Way of Berks County, United Way of Bucks County, United Way of Chester County, and the United Way of Greater Philadelphia & Southern New Jersey, The remaining funds will be distributed based on emergent needs in Pennsylvania.
"We remain committed to supporting our customers and communities in their time of need. Through this donation, we hope to assist Pennsylvania nonprofits and relief organizations in providing much needed resources to address the hardships felt across our state," said Mike Innocenzo, PECO president and CEO. "We will continue to work with Governor Wolf, Philadelphia Mayor Kenney, as well as all our state and municipal leaders to ensure we are powering the essential services southeastern Pennsylvania needs during this critical time."
To date, the Exelon Foundation, Exelon Corp. and its family of companies have pledged more than $5.7 million to national and local nonprofits in response to COVID-19, including more than $1 million committed to the state of Pennsylvania. Previous donations include a combined $500,000 to the United Way of Greater Philadelphia & Southern New Jersey's PHL COVID-19 Fund, the United Way of Bucks County, the United Way of Chester County, The Salvation Army of Greater Philadelphia, Manna, Project Home, Philabundance, MontCo Anti-Hunger Network, and Foundation for Delaware County.
In addition to PECO's support of local relief organizations, the company previously announced the suspension of service disconnections and late payment charges through at least May 1. Pennsylvania residents within PECO's coverage area, who lost access to energy services before this public health emergency are encouraged to contact PECO to have their service restored safely.
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PECO, founded in 1881, is Pennsylvania's largest electric and natural gas utility. Headquartered in Philadelphia, PECO delivers energy to more than 1.6 million electric customers and more than 532,000 natural gas customers in southeastern Pennsylvania. The company's 2,700 employees are dedicated to the safe and reliable delivery of electricity and natural gas as well as enhanced energy management conservation, environmental stewardship and community assistance. In 2018, PECO was named to Forbes Magazine's list of Best Employers for Women. The company also has an estimated annual economic impact of $4.8 billion in Pennsylvania, supporting more than 9,000 local jobs and producing $775 million in labor income. PECO is a subsidiary of Exelon Corporation (Nasdaq: EXC), the nation's only Fortune 100 utility and leading competitive energy provider. For more information visit PECO.com, and connect with the company on Facebook and Twitter.
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