PECO ranks among Site Selection’s top utilities for economic development

The September issue of Site Selection magazine focuses on “The Infrastructure of Things” and includes PECO among the Top Ten Utilities for Economic Development.  The magazine credits PECO’s economic development department and its collaboration with the state, regional and county partners for delivering a total projected capital investment of nearly $7 billion and about 8,000 new jobs in southeastern Pennsylvania last year.

“This is a tribute to you, your communities and elected officials who work tirelessly to attract and retain jobs and expand the local tax base,” said Phil Eastman in a note to key partners.  “PECO’s role in economic development is to support regional marketing efforts and to address the energy needs of companies looking to locate or expand in our service territory.  We sincerely appreciate your support and teamwork, which has enabled PECO to shine among its peers in this highly respected national magazine.  Thanks to you, our region’s economy is thriving, its quality of life is skyrocketing, and its reputation has never been better.” 

Phil Eastman is a member of the PEDA Board of Directors.   

“This designation is a testament to the work we do every day to serve as an effective partner for communities throughout our service territory,” said Liz Murphy, PECO senior vice president of Regulatory and External Affairs. “Our customer focus combined with PECO’s ongoing system investments support new business attraction and help existing businesses thrive.

To read the full article, go to http://siteselection.com/digitalEdition/2016/sep/