$200 million rate cut by Peco

Article Abstract:

Philadephia, Penn.-based Peco Energy Co. has announced a plan to retain nearly all employees at its Market Street headquarters and cut utility rates by $200 million over the next four years. Peco, which is seeking approval for its $7.8 billion merger with Chicago, Ill.-based Unicom Corp., reported the plan to the Pennsylvania Public Utility Commission.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Who's in the game for AT and T Broadband?

Article Abstract:

Comcast Corp.'s bid of $51.3 billion for AT and T Broadband has inspired interest in other possible bidders. Some companies which might be interested are AOL Time Warner, Walt Disney Co., Charter, Cox and Vivendi Universal.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Peco's earnings soar, lifted by a warm May

Article Abstract:

Peco Energy Co. announced that its second-quarter earnings increased 80%, to $119 million, because it was able to sell more electricity at higher wholesale rates to other utilities and big energy users.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: