Exelon Utilities a Driving Force Behind States Recognized as Top in the Nation for Electrical Grid Modernization
CHICAGO--(BUSINESS WIRE)--Dec 7, 2018--States and areas served by Exelon utilities had a strong showing in this year’s Grid Modernization Index (GMI), available at www.gridwise.org. Illinois, Maryland and the District of Columbia scored in the top 10 and all states served by Exelon’s utilities – Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco – are in the top 25 in the report.
“Our investments in smarter and more resilient grid systems are producing greater customer value through enhanced reliability, more choice, control and convenience,” said Anne Pramaggiore, senior executive vice president and CEO of Exelon Utilities. “The scores in the states we serve are a result of our efforts to modernize and transform the grid to prepare for a future of climate challenges and connect our customers and communities to clean, affordable energy services they desire.”
Notably, ComEd’s work to modernize its energy grid has brought greater reliability and control over energy usage to its customers, helping to earn Illinois the second spot among all U.S. states in 2018. This is the fourth consecutive year that Illinois was recognized as a top state in grid modernization.
Maryland, which is served by three Exelon utilities, BGE, Delmarva Power, and Pepco, earned the number three spot. Exelon’s utilities have been closely involved in many aspects of the grid modernization for which the state was recognized. These efforts include the state’s strong smart meter deployment, high level of customer engagement through energy efficiency and demand response programs, continued investments in the local energy grid to enhance resiliency and reliability, and ongoing efforts to plan for the future energy grid, including electric vehicles, battery storage and distributed generation.
“We appreciate the work and support of the policy makers and stakeholders in our states who help make these efforts possible with key legislative and regulatory policies,” said Pramaggiore.
The report, produced by the GridWise® Alliance and the Smart Grid Policy Center, evaluates and ranks states based on their progress in modernizing their electric systems with smart grid technologies. The GMI applies a clearly defined set of criteria to evaluate the progress of state grid modernization efforts in three key areas: State Support, Customer Engagement and Grid Operations.
About Exelon Corporation
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of electricity and natural gas customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2017 revenue of $33.5 billion. Exelon serves approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,000 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005484/en/
CONTACT: Annette Martinez
Exelon Utilities Communications
KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA ILLINOIS MARYLAND PENNSYLVANIA
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY UTILITIES OTHER ENERGY NUCLEAR
SOURCE: Exelon Corporation
Copyright Business Wire 2018.
PUB: 12/07/2018 02:12 PM/DISC: 12/07/2018 02:11 PM