PECO Energy Buys Power Plant

Fortnightly Magazine - February 15 1997
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In a unique agreement with two of its largest industrial customers, PECO Energy Co. has purchased USX Corp.'s Fairless Works power plant in Bucks County, Pa. The plant will burn landfill gas purchased from Waste Management Inc., which owns two nearby landfills.

The Fairless Works site hosts the sheet- and tin-finishing operations of the U.S. Steel Group of USX Corp., along with several other industrial plants. PECO now will own the USX power house with two steam turbine generators, which produce up to 60 MW of electricity and 200,000 pounds of steam per hour.

"It is more evidence of what PECO Energy is doing to reduce its costs of producing power and to work more closely with customers to lower their energy costs," says John Madara, Senior Vice President of PECO Energy's Power Generation group. (em LB


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