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Peco parent Exelon plans to separate into two firms: ‘Our customers expect us to continuously innovate’

The Chicago company plans to spin off its power-generation business from the company’s six utilities, including Peco, Atlantic City Electric and Delmarva Power.

Exelon's Limerick Generating Station in Montgomery County. The power plant would be owned by a new generation company that Exelon announced Wednesday it was spinning off into a separate company.
Exelon's Limerick Generating Station in Montgomery County. The power plant would be owned by a new generation company that Exelon announced Wednesday it was spinning off into a separate company.Read moreMICHAEL S. WIRTZ / Staff Photographer