Exelon
Dave Velazquez was recently named CEO of PECO, Exelon's large electric and natural gas utility serving southeastern Pennsylvania. At the time of this interview, he served as Executive Vice President.
Ted Walker is a partner at Guidehouse, working with leading Energy Companies on next generation Energy Cloud platforms.
Exelon serves more than ten million customers through six fully regulated transmission and distribution utilities — BGE, ComEd, PECO, Atlantic City Electric, Delmarva Power, and Pepco. It also has a shared corporate services unit, Exelon Business Services Company. The utilities all focus on high performance, safety, reliability, and service, which means investing in the future, as reflected in capital investment of almost $7.2 billion in 2022.
In 2023, Exelon continued making headway in the energy transformation toward a cleaner energy future with more investment. There are also IIJA grant funding and hydrogen hub awards to help decarbonization move forward in 2024.
Such a large utility has a lot going on as it looks ahead, which is why Public Utilities Fortnightly's Steve Mitnick and Guidehouse partner Ted Walker spoke with Exelon Executive Vice President for Utilities Operations, Dave Velazquez. Listen in on this conversation about the future of Exelon.
PUF's Steve Mitnick: What were the most important accomplishments in 2023 at Exelon's utilities that you can leverage going into the new year?
Dave Velazquez: I continue to be very proud of what Exelon is doing to lead the energy transformation, and '23 was no different than the prior years. As we think about how we're trying to lead the energy transition, some of it is around building the infrastructure that we need for the clean energy future.