PECO Turns up the Heat with Solar RFP

Company Launches 6-Megawatt Competitive Purchase for Solar Credits
PHILADELPHIA--(Business Wire)--
PECO is looking for current and future solar energy producers to submit bids as
the company seeks to purchase 6-megawatts of solar power. The action is part of
the company`s overall environmental efforts and supports Pennsylvania`s
Alternative Energy Portfolio Standards (AEPS).

PECO recently received approval from the Pennsylvania Public Utility Commission
(PUC) to purchase up to 80,000 solar alternative energy credits, the equivalent
of 6-megawatts, during 10 years. Enough energy to power nearly 1,000 homes for
10 years, it would take about eight football fields of solar panels to produce
this energy. Once complete, the company`s purchases could result in the same
environmental benefit as planting more than 48,000 acres of trees or not driving
more than 133 million miles.

Through a competitive Request for Proposal (RFP) process, PECO will enter into
fixed-price agreements with winning bidders to purchase up to a total of 8,000
credits per year for 10 years. PECO expects to enter into the agreements by
February 2010, for delivery beginning immediately for existing projects or up to
a year for projects under development.

PECO has scheduled a bidder teleconference for Oct. 22 to outline the details of
the RFP process and the terms of the agreements. Interested participants who
wish to learn more about the bidding process must send an e-mail to
AEPS_RFP@peco-energy.com with the subject line `AEC Bidder Teleconference` in
order to obtain information on how to participate in this procurement. PECO will
release information on the RFP process to interested parties as it becomes
available. Additional AEPS RFP information is available online at
www.peco.com/aeps.

PECO has retained Navigant Consulting to serve as the independent RFP monitor.
The monitor will oversee PECO`s bidder evaluation process, evaluate bid
proposals, and report to the Pennsylvania Public Utility Commission (PUC) on the
results of the RFP process.

The AEPS legislation requires that by 2011, 3.5 percent of the energy consumed
by PECO customers be provided through renewable resources such as solar, wind,
low-impact hydro, methane, geothermal, biomass or fuel cells. Renewable energy
generators sell these credits on a one-to-one basis each time that they produce
one megawatt-hour of renewable energy.

In 2008 PECO embarked on the first phase of a five-year major environmental
initiative to preserve the environment and help customers become more
environmentally responsible. Totaling more than $15.3 million of work, the
comprehensive program includes the installation of a green roof and a new Crown
Lights system at the company`s Center City headquarters; the opening of PECO`s
first `green building` in West Chester, recently awarded silver certification
for Leadership in Energy and Environmental Design (LEED); improvements to secure
LEED certification for many other company work sites; the increased use of
hybrid and biodiesel vehicles; support for community environmental projects; and
enhanced tools and programs to help customers use energy more efficiently.

These efforts are a component of Exelon 2020: A Low-Carbon Roadmap, the
comprehensive environmental strategy of PECO`s parent company. Exelon 2020 sets
the goal of reducing, offsetting or displacing more than 15 million metric tons
of greenhouse gas emissions per year by 2020. This is more than the company`s
current annual carbon footprint and is equivalent to taking nearly 3 million
cars off American roads and highways.

About PECO:

Based in Philadelphia, PECO is an electric and natural gas utility serving 1.6
million electric and 480,000 natural gas customers in southeastern
Pennsylvania.In 2006, the company delivered 38.2 million megawatt-hours (Mwh) of
electricity and 76.1 billion cubic feet of natural gas to residential, business
and institutional customers. Founded in 1881, PECO is one of the Greater
Philadelphia Region's most active corporate citizens, providing leadership,
volunteer and financial support to numerous arts and culture, education,
environmental, economic development and community programs and organizations.

About Navigant Consulting:

Navigant Consulting, Inc. (NYSE:NCI) is a global consulting firm providing
dispute, investigative, operational, risk management and financial and
regulatory advisory solutions to government agencies, legal counsel and large
companies facing the challenges of uncertainty, risk, distress and significant
change. The Company focuses on industries undergoing substantial regulatory or
structural change and on the issues driving these transformations. "Navigant" is
a service mark of Navigant International, Inc. Navigant Consulting, Inc. (NCI)
is not affiliated, associated, or in any way connected with Navigant
International, Inc. and NCI`s use of "Navigant" is made under license from
Navigant International, Inc. More information about Navigant Consulting can be
found at www.navigantconsulting.com.

PECO, Philadelphia
Ben Armstrong, 215-841-4137

Copyright Business Wire 2009