For Immediate Release
PECO's award-winning efforts to help customers save energy and money recognized for the sixth time by EPA
PHILADELPHIA (April 17, 2019) – The U.S. Environmental Protection Agency (EPA) has presented PECO with its famed ENERGY STAR® Partner of the Year – Sustained Excellence Award. The award recognizes the success of PECO Smart Ideas, the company's highly successful suite of energy efficiency programs to help customers save energy and money. PECO, along with sister Exelon utilities BGE in Baltimore, ComEd in Chicago, Delmarva Power in Wilmington, Del. and Pepco in Washington D.C., were honored for their long-term commitment to energy efficiency at the EPA awards ceremony held in Washington, D.C.
"Being recognized once again by the EPA with their Sustained Excellence Award for our efforts to save customers energy and money truly is an honor," said Mike Innocenzo, PECO president and CEO. "It's really a testament to the ongoing success of PECO Smart Ideas and to the commitment our customers have to improving energy efficiency in their homes and businesses."
This is the third year PECO has received the Sustained Excellence designation. This award is reserved for those who have received the ENERGY STAR Partner of the Year award more than three times and exhibited exceptional leadership year after year in the ENERGY STAR program while remaining dedicated to environmental protection through superior energy efficiency.
Since the inception of PECO Smart Ideas in 2009, PECO has received eleven awards in total and now receives its sixth Partner of the Year Award in Energy Efficiency Program Delivery for its continued leadership in protecting the environment through energy efficiency efforts.
PECO Smart Ideas offers programs to help residential, business, government, nonprofit and institutional customers save energy and money. Since 2009, PECO customers have saved more than $730 million through energy efficiency and PECO Smart Ideas rebates, and reduced their electricity use by more than 3.5 million megawatt hours.
In addition to the EPA awards, PECO Smart Ideas has been honored by energy industry leaders and other organizations, including:
"I applaud the 2019 ENERGY STAR Award Winners," said EPA Assistant Administrator for Air and Radiation Bill Wehrum. "Their innovation and leadership enhance America's economic competitiveness. Reducing costly energy waste improves air quality and public health while protecting the environment."
Since 1992, ENERGY STAR and its partners helped save American families and businesses nearly 4 trillion kilowatt-hours of electricity and achieve over 3 billion metric tons of greenhouse gas reductions.
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 523,000 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 (NYSE: 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.
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations—including more than 40 percent of the Fortune 500®—rely on their partnership with the U.S. Environmental Protection Agency (EPA) to deliver cost-saving energy efficiency solutions. In 2017 alone, ENERGY STAR and its partners helped Americans avoid $30 billion in energy costs. More background information about ENERGY STAR can be found at: energystar.gov/about and energystar.gov/numbers.
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