PECO customers set all-time peak energy usage record; company prepares for storms

PHILADELPHIA, July 24, 2002 — Recent excessive temperatures and high humidity on Tuesday caused peak demand for electricity to rise to more than 7,980 megawatts, shattering a three-year-old record set on July 6, 1999.

PECO said this afternoon’s record-breaking usage was transparent to customers thanks to the availability of additional power supply within the region and the utilities extensive preventive maintenance efforts this spring. Under this summer’s extreme conditions, PECO’s energy delivery system continues to perform reliability.

PECO is now actively tracking threatening storms moving into the region and is prepared to respond to any problems that may occur. The company has activated its Emergency Response Center in Plymouth Meeting, PA and mobilized additional personnel for possible restoration efforts.

PECO reminds customers that power outages are likely this evening, if the storm materializes as expected. Any affected customers are urged to call the company immediately at 1-800-841-4141. The company’s automated telephone system can handle thousands of calls an hour. It is designed to assist the company in accurately collecting outage information from customers quickly and easily. PECO said the more customers who call, the better it is able to evaluate the extent of trouble and prioritize restoration efforts.

The forecasted heavy rains and strong gusty winds are expected to move through the region from the west, potentially causing broken trees and downed power lines. PECO Energy reminds everyone to be safe. Stay away from downed power lines. Downed wires are a safety threat and always should be considered live and energized. Motorists are asked to use caution in areas where crews are working to restore power.

PECO, An Exelon Company, delivers electricity to 1.52 million customers and natural gas to 442,000 customers in southeastern Pennsylvania. Based in Philadelphia, PECO and its sister utility, ComEd in the Chicago area, are subsidiaries of Exelon Energy Delivery. Its parent, Exelon Corporation (NYSE: EXC – News), is one of the largest energy service companies in the U.S. with the largest retail utility customer base, one of the largest power generation fleets and a leading wholesale energy marketing operation in North America. In 2001, PECO delivered 35.1 million megawatt hours of electricity and 81.5 billion cubic feet of natural gas, generating $3.9 billion in revenue for Exelon.

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