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| PE-PA > SEC Filings for PE-PA > Form 8-K on 14-Aug-2009 | All Recent SEC Filings |
14-Aug-2009
Other Events, Financial Statements and Exhibits
On August 14, 2009, PECO Energy Company (PECO) filed a $650 million plan with the Pennsylvania Public Utility Commission to install more than 1.6 million residential and commercial smart meters and deploy advanced communications networks over ten years. PECO's smart meter plan will seek approval to install the advanced metering infrastructure, backbone communications network and information systems to integrate customer energy usage with utility operations.
In addition, on August 6, 2009, PECO filed an application with the United States Department of Energy seeking $200 million in matching funds through the federal stimulus grant program. A stimulus grant would allow PECO to install up to 600,000 meters by 2012.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
(d) Exhibits
Exhibit No. Description
99.1 Press release
* * * * *
This combined Form 8-K is being furnished separately by Exelon Corporation and PECO (Registrants). Information contained herein relating to any individual Registrant has been furnished by such Registrant on its own behalf. No Registrant makes any representation as to information relating to any other Registrant.
This Current Report includes forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, that are subject to risks
and uncertainties. The factors that could cause actual results to differ
materially from these forward-looking statements include those discussed herein
as well as those discussed in (1) Exelon's 2008 Annual Report on Form 10-K in
(a) ITEM 1A. Risk Factors, (b) ITEM 7. Management's Discussion and Analysis of
Financial Condition and Results of Operations and (c) ITEM 8. Financial
Statements and Supplementary Data: Note 18; (2) Exelon's Second Quarter 2009
Quarterly Report on Form 10-Q in (a) Part II, Other Information, ITEM 1A. Risk
Factors and (b) Part I, Financial Information, ITEM 1. Financial Statements:
Note 14; and (3) other factors discussed in filings with the Securities and
Exchange Commission by the Registrants. Readers are cautioned not to place undue
reliance on these forward-looking statements, which apply only as of the date of
this Current Report. None of the Registrants undertakes any obligation to
publicly release any revision to its forward-looking statements to reflect
events or circumstances after the date of this Current Report.
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