PECO Energy to Offer `New Wind Energy' as Premium Power Supply Option For Local Consumers

Promotion to Support New Pennsylvania Wind Farms;

Environmental Groups Hail Decision



Apr 23, 2001, 01:00 ET from PECO Energy Company

    PHILADELPHIA, April 23 /PRNewswire Interactive News Release/ -- PECO
 Energy Company, in partnership with Community Energy Inc., a renewable energy
 marketing company, announced its intent to offer newly-developed wind power to
 its customers in southeastern Pennsylvania.  The wind power will be made
 available as a voluntary premium offering to customers under a new rate that
 will be submitted to the state Public Utility Commission (PUC).
     The wind energy delivered to PECO customers will be supplied from new
 Pennsylvania wind farms -- the Mill Run project in Fayette County, announced
 on March 14; the Somerset Wind Farm, which will be built along the
 Pennsylvania Turnpike west of Harrisburg; and other projects across
 Pennsylvania.
     Exelon Power Team, the wholesale power marketing division of Exelon
 Generation, an affiliate of PECO, has formed a joint marketing agreement with
 Community Energy Inc. (CEI).  Power Team will purchase the energy output from
 the wind farms for 20 years and manage the wholesale energy delivery to the
 regional power grid.  CEI and PECO will market the "New Wind Energy" option
 for power supply to commercial and residential customers.  Information will be
 made available for interested customers in the coming months.
     Ken Lawrence, PECO Energy president, said, "It is exciting for us that we
 can support the development of these clean energy projects and offer our
 customers a premier green energy product in a way that is both affordable and
 flexible.  Pennsylvania's utility environment has fostered investment in new
 generation, and this New Wind Energy offering will give our customers another
 option for the type of energy they buy."
     Lawrence added that customers will be offered pure wind energy in
 "WindBlocks", and they can ensure that a certain share of their power supply
 comes from the new Pennsylvania wind farms.  Each wind block will be based on
 kilowatt-hours (kwh) so customers can determine how much extra they would like
 to spend each month to support wind energy.  For instance, five dollars more
 would represent about a third of a typical residential customer's monthly
 usage.
     PECO and CEI will soon accept pre-subscriptions from interested customers
 in advance of the wind farms anticipated energy production later this year.
 An upcoming marketing campaign for the New Wind Energy product will involve a
 coalition of environmental groups, government agencies and businesses.
     Joseph Otis Minott, Esq., director, Clean Air Council, said, "This is the
 kind of forward-thinking energy strategy that environmentalists look for.
 Wind energy is part of the new renewable electricity supply Pennsylvania needs
 to protect the public health and ensure a secure energy future.  This PECO-
 Community Energy partnership takes the lead in offering new, emission-free
 wind energy to all electric customers in the region.  Clean Air Council
 applauds the announcement and encourages PECO customers to take advantage of
 this voluntary wind offering."
     John Hanger, Penn Future, said, "This is a terrific Earth Day present for
 the people of Pennsylvania.  PECO customers will be the first in the
 Commonwealth to be able to directly help the planet through their local
 electricity choices.  I thank PECO for their visionary leadership, promoting
 both clean energy and a growing economy for the state."
     Brent Alderfer, president, Community Energy Inc., based in Wayne, Pa.,
 said, "This is the top `green energy' product in the market because this new
 wind energy is generated locally, uses no fuel and produces no emissions, and
 therefore meets all of our critical energy needs.  Plus, the customer is not
 charged any premium until the wind supply actually comes on line.  The more
 customers sign up, the more new wind energy we bring on line.  This is what
 customers are asking for."
     Somerset Windpower LLC, a joint venture between Atlantic Renewable Energy
 Corp., and Zilkha Renewable Energy, will build a wind farm consisting of six
 turbines sitting atop a ridge on 400 acres, partly land from a reclaimed coal
 mine.  The nine-megawatt (mw) project will produce about 25,000 megawatt-hours
 (mwh) of electricity in a year and serve about 3,000 customers.  The
 previously announced Mill Run project will be 15 mw.
     The Somerset wind project will increase the state's wind generation
 capacity to nearly 35 mw, and its proximity within one-half mile from the
 turnpike will give Pennsylvanians a chance to see the impressive wind
 turbines.  They feature the latest technology designed for maximum efficiency
 in moderate wind conditions prevalent in the MidAtlantic region.  The turbines
 will sit on 210-foot tall towers and have a rotor diameter of 231 feet.
 Construction on both sites will occur this summer.  The wind farms will become
 interconnected to the region's power grid managed by the PJM Interconnection
 Association, LLC.
     Two factors help environmentally friendly wind energy to be produced at
 stable prices that are only slightly above current market prices for
 generation.  The energy producers sell into the wholesale market under long-
 term contracts and the wind farms are not subject to fuel price volatility
 like oil or natural gas-fired power plants.
     Financing for the Somerset Wind Farm will be provided in part by
 Pennsylvania's regional sustainable energy funds, which were created by the
 electric restructuring cases in Pennsylvania and aim to support renewable,
 clean energy projects and energy efficiency education.  The Sustainable
 Development Fund, which is managed by The Reinvestment Fund and whose board
 members include PECO, environmental groups and others, took the lead in
 structuring a $3.6 million loan with expected participation also from the
 Central Eastern Pennsylvania, the GPU and West Penn funds.  The SDF also
 provided some financing for the Mill Run Wind Farm project.  For more
 information, visit www.newwindenergy.com.
     PECO Energy and its sister utility, ComEd, which serves Illinois, are
 subsidiaries of Exelon Energy Delivery, one of the three main businesses under
 Exelon Corporation (NYSE:   EXC) along with Generation and Enterprises.  PECO
 and ComEd together serve five million customers, the largest customer base for
 any U.S. utility.  PECO delivers electricity to 1.5 million retail customers
 and natural gas to 425,000 customers in southeastern Pennsylvania.  In 2000,
 PECO delivered 96.5 billion cubic feet of natural gas and 35.36 million
 megawatt hours of electricity.
 
     Contacts:
     PECO:                             Michael Wood, 215-841-5555
     Community Energy:                 Laury Saligman, 610-254-9783
     Exelon Generation:                Ben Armstrong, 610-765-6914
     Penn Future:                      Jeanne Clark, 412-258-6683
     Clean Air Council,                Andrew Altman 215-567-4004 ext. 228
     Sustainable Development Fund:     Roger Clark, 215-925-1130
     Somerset Windpower LLC:           Theo J. de Wolff, 804-965-9530
 
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X60351274
 
 

SOURCE PECO Energy Company
    PHILADELPHIA, April 23 /PRNewswire Interactive News Release/ -- PECO
 Energy Company, in partnership with Community Energy Inc., a renewable energy
 marketing company, announced its intent to offer newly-developed wind power to
 its customers in southeastern Pennsylvania.  The wind power will be made
 available as a voluntary premium offering to customers under a new rate that
 will be submitted to the state Public Utility Commission (PUC).
     The wind energy delivered to PECO customers will be supplied from new
 Pennsylvania wind farms -- the Mill Run project in Fayette County, announced
 on March 14; the Somerset Wind Farm, which will be built along the
 Pennsylvania Turnpike west of Harrisburg; and other projects across
 Pennsylvania.
     Exelon Power Team, the wholesale power marketing division of Exelon
 Generation, an affiliate of PECO, has formed a joint marketing agreement with
 Community Energy Inc. (CEI).  Power Team will purchase the energy output from
 the wind farms for 20 years and manage the wholesale energy delivery to the
 regional power grid.  CEI and PECO will market the "New Wind Energy" option
 for power supply to commercial and residential customers.  Information will be
 made available for interested customers in the coming months.
     Ken Lawrence, PECO Energy president, said, "It is exciting for us that we
 can support the development of these clean energy projects and offer our
 customers a premier green energy product in a way that is both affordable and
 flexible.  Pennsylvania's utility environment has fostered investment in new
 generation, and this New Wind Energy offering will give our customers another
 option for the type of energy they buy."
     Lawrence added that customers will be offered pure wind energy in
 "WindBlocks", and they can ensure that a certain share of their power supply
 comes from the new Pennsylvania wind farms.  Each wind block will be based on
 kilowatt-hours (kwh) so customers can determine how much extra they would like
 to spend each month to support wind energy.  For instance, five dollars more
 would represent about a third of a typical residential customer's monthly
 usage.
     PECO and CEI will soon accept pre-subscriptions from interested customers
 in advance of the wind farms anticipated energy production later this year.
 An upcoming marketing campaign for the New Wind Energy product will involve a
 coalition of environmental groups, government agencies and businesses.
     Joseph Otis Minott, Esq., director, Clean Air Council, said, "This is the
 kind of forward-thinking energy strategy that environmentalists look for.
 Wind energy is part of the new renewable electricity supply Pennsylvania needs
 to protect the public health and ensure a secure energy future.  This PECO-
 Community Energy partnership takes the lead in offering new, emission-free
 wind energy to all electric customers in the region.  Clean Air Council
 applauds the announcement and encourages PECO customers to take advantage of
 this voluntary wind offering."
     John Hanger, Penn Future, said, "This is a terrific Earth Day present for
 the people of Pennsylvania.  PECO customers will be the first in the
 Commonwealth to be able to directly help the planet through their local
 electricity choices.  I thank PECO for their visionary leadership, promoting
 both clean energy and a growing economy for the state."
     Brent Alderfer, president, Community Energy Inc., based in Wayne, Pa.,
 said, "This is the top `green energy' product in the market because this new
 wind energy is generated locally, uses no fuel and produces no emissions, and
 therefore meets all of our critical energy needs.  Plus, the customer is not
 charged any premium until the wind supply actually comes on line.  The more
 customers sign up, the more new wind energy we bring on line.  This is what
 customers are asking for."
     Somerset Windpower LLC, a joint venture between Atlantic Renewable Energy
 Corp., and Zilkha Renewable Energy, will build a wind farm consisting of six
 turbines sitting atop a ridge on 400 acres, partly land from a reclaimed coal
 mine.  The nine-megawatt (mw) project will produce about 25,000 megawatt-hours
 (mwh) of electricity in a year and serve about 3,000 customers.  The
 previously announced Mill Run project will be 15 mw.
     The Somerset wind project will increase the state's wind generation
 capacity to nearly 35 mw, and its proximity within one-half mile from the
 turnpike will give Pennsylvanians a chance to see the impressive wind
 turbines.  They feature the latest technology designed for maximum efficiency
 in moderate wind conditions prevalent in the MidAtlantic region.  The turbines
 will sit on 210-foot tall towers and have a rotor diameter of 231 feet.
 Construction on both sites will occur this summer.  The wind farms will become
 interconnected to the region's power grid managed by the PJM Interconnection
 Association, LLC.
     Two factors help environmentally friendly wind energy to be produced at
 stable prices that are only slightly above current market prices for
 generation.  The energy producers sell into the wholesale market under long-
 term contracts and the wind farms are not subject to fuel price volatility
 like oil or natural gas-fired power plants.
     Financing for the Somerset Wind Farm will be provided in part by
 Pennsylvania's regional sustainable energy funds, which were created by the
 electric restructuring cases in Pennsylvania and aim to support renewable,
 clean energy projects and energy efficiency education.  The Sustainable
 Development Fund, which is managed by The Reinvestment Fund and whose board
 members include PECO, environmental groups and others, took the lead in
 structuring a $3.6 million loan with expected participation also from the
 Central Eastern Pennsylvania, the GPU and West Penn funds.  The SDF also
 provided some financing for the Mill Run Wind Farm project.  For more
 information, visit www.newwindenergy.com.
     PECO Energy and its sister utility, ComEd, which serves Illinois, are
 subsidiaries of Exelon Energy Delivery, one of the three main businesses under
 Exelon Corporation (NYSE:   EXC) along with Generation and Enterprises.  PECO
 and ComEd together serve five million customers, the largest customer base for
 any U.S. utility.  PECO delivers electricity to 1.5 million retail customers
 and natural gas to 425,000 customers in southeastern Pennsylvania.  In 2000,
 PECO delivered 96.5 billion cubic feet of natural gas and 35.36 million
 megawatt hours of electricity.
 
     Contacts:
     PECO:                             Michael Wood, 215-841-5555
     Community Energy:                 Laury Saligman, 610-254-9783
     Exelon Generation:                Ben Armstrong, 610-765-6914
     Penn Future:                      Jeanne Clark, 412-258-6683
     Clean Air Council,                Andrew Altman 215-567-4004 ext. 228
     Sustainable Development Fund:     Roger Clark, 215-925-1130
     Somerset Windpower LLC:           Theo J. de Wolff, 804-965-9530
 
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X60351274
 
 SOURCE  PECO Energy Company