PECO - About the company
PECO is a funded company based in Philadelphia (United States), founded in 1881. It operates as an Electric utility and smart energy saving services provider. PECO has raised an undisclosed amount in funding.
Company Details
PECO Energy, a subsidiary of Exelon Corporation, is operating as a utility company, providing electricity and natural gas to residential and commercial customers in Pennsylvania. Offers an online platform to customers to manage their account, generate the online bills, report outage, pay bills, view consumption data, and others. Serving through the supply of electricity to 1.6 million customers and natural gas to 511K customers in southeastern Pennsylvania. Also, offers smart energy services through an energy audit, energy usage data tool, and other proprietary products like smart meters, Peco smart A/C saver thermostat, and many others. Holds an online marketplace where customers can buy energy-efficient products like lights, thermostat, multi-sensing power strip, and many others.
- Website
- www.peco.com/
- Social
- Email ID
- *****@exeloncorp.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1881
Location
Philadelphia, United States
Stage
Funding Raised
Latest Funding Round
Investors
Employee Count
2,398 as on Sep 30, 2026
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PECO's funding and investors
PECO has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Dec 24, 2009 for $*****. 1 investor participated in its latest round. PECO has 1 institutional investor.
Here is the list of recent funding rounds of PECO:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 24, 2009 | 8889100 | Grant (prize money) | 9798492 | 6779193 | 7362498 | 3074484 |
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PECO's founders and board of directors
Founder? Claim ProfilePECO's employee count trend
PECO has 2,398 employees as of Sep 26. Here is PECO's employee count trend over the years:
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PECO's Investments and acquisitions
PECO has made no investments or acquisitions yet.
Reports related to PECO
Here is the latest report on PECO's geography:
News related to PECO
Filter this listMedia has covered PECO for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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PECO Announces Transition of President and CEO David Vahos to Special Advisor to Exelon’s President and CEOBusiness Wire•Apr 21, 2026•PECO
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Lawsuit Filed After Nursing Home Explosion in Suburban PhiladelphiaWral•Jan 06, 2026•Exelon, Bristol Health, PECO, Saber Healthcare Group
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PECO Energy Completes $1.05 Billion Public Offering of Mortgage BondsGlobal Legal Chronicle•Oct 07, 2025•PECO
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HRP CEO Roberto E. Perez Joins PECO Board of DirectorsPR Newswire•May 21, 2024•Hilco Redevelopment Partners, PECO
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FERC approves PJM’s Exelon-oriented $796M transmission plan over Maryland objectionsUtility Dive•Nov 10, 2023•PJM, Exelon, PECO, Pepco and 1 other
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Incoho Advanced Technologies Announces Agreement With PECO to Commercialize Meter DefenderBusiness Wire•Sep 02, 2021•Incoho Advanced Technologies, PECO
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TransactionsCrewe Capital•Jan 09, 2020•APiO, Urban Remedy, Hinge Capital, Elk Automotive and 150 others
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