COVID Stimulus Watch Individual Entry

Recipient Company:

PECO Energy Co

Loan or Loan Guarantee Amount:

$2,023,817

Recipient Details

Ownership Structure: publicly traded (ticker symbol EXC)

Award Date: Oct 5, 2020

Award Type: loan

Award Details: Amount represents the purchase price of company bonds bought by the Fed.

Program Name: Secondary Market Corporate Credit Facility

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

Parent Company: Exelon

Headquartered in: Illinois

Parent Sector: utilities and power generation

Parent Industry: utilities

Employees (prior to pandemic): 32,713

Employment-related Penalties: $1,059,000

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $9,136,992

Consumer Protection / Financial / Competition-related Penalties: $247,968,980

Ratio of CEO Pay to that of Median Worker: 122 to 1

CEO Compensation: $15,400,000

Worker Median Pay: $126,000

Total Federal, State, and Local Subsidies: $903,205,342

Federal Corporate Income Tax Rate: 10.1%