Peco Energy Company

Peco Energy Company, a subsidiary of Exelon Corporation, is a regulated electric and gas utility provider operating as Exelon Energy Delivery East Division and doing business as Peco Energy. Headquartered in Philadelphia, Pennsylvania, the company specializes in electricity distribution, transmission, and infrastructure services, with a primary focus on serving federal government agencies and facilities. As a for-profit organization registered in SAM.gov since 2002, Peco Energy has established itself as a critical infrastructure provider capable of delivering essential electric utility services to various federal government locations.

Through its federal contract awards, Peco Energy has consistently provided electric utility services to numerous federal agencies, including the United States Mint, Social Security Administration, National Transportation Safety Board, Federal Detention Center Philadelphia, Environmental Protection Agency, and Bureau of the Fiscal Service. The contracts, typically structured as firm fixed-price delivery orders or purchase orders, range in value from $3,100 to $1,282,073, and cover electric power distribution, transmission infrastructure maintenance, establishing new electric service connections, and supplying critical electric infrastructure to enable continuous operations at federal facilities. These contracts have consistently been awarded without set-aside designations, indicating Peco Energy's competitive position as a prime contractor capable of directly meeting federal utility service requirements across multiple agencies.

Regarding federal grant awards, Peco Energy has received a significant $248,250,931 project grant from the Department of Energy under the Bipartisan Infrastructure Law (BIL) for the PECO CREATE PLAN. This grant focuses on creating a resilient, equitable, and accessible transformation in energy for Greater Philadelphia, with the objective of catalyzing a generational transformation of Southeastern Pennsylvania's energy landscape. The grant will support targeted infrastructure investments and comprehensive community-based collaborations aimed at reducing the likelihood and consequences of electric grid impacts due to extreme weather and rising sea levels. The project grant has an award date of September 1, 2024, with an ultimate completion date of August 31, 2029, demonstrating Peco Energy's commitment to long-term energy infrastructure resilience and community-based energy transformation initiatives.