PECO

Small changes add up to real summer savings. From sealing leaks to using your appliances differently, a few fixes can keep your home cooler and your costs lower. Here are a few to try.

If you're facing financial challenges, you're not alone. PECO's Matching Energy Assistance Fund (MEAF) provides bill payment assistance to eligible customers. Visit peco.com/MEAF to learn more and check your eligibility.

PECO Announces Tentative Labor Agreement with IBEW Local 614:

PECO and IBEW Local 614 have reached a tentative agreement on a new labor contract, concluding negotiations between the parties.

Throughout this process, PECO has remained focused on doing what is right for our customers, employees, and the communities we serve. This tentative agreement reflects our commitment to recognizing the important contributions of our represented employees while ensuring we continue to provide the safe, reliable energy service our customers depend on every day.

We value our long-standing relationship with IBEW Local 614 and appreciate the efforts of both bargaining teams in reaching this agreement. The proposed contract recognizes the contributions of our employees while supporting our responsibility to deliver reliable, affordable service across southeastern Pennsylvania.

This agreement reinforces our shared commitment to maintaining a safe workplace and delivering exceptional service.

With a tentative agreement now in place, represented employees will return to their regular responsibilities while the agreement advances through the union ratification process. We look forward to continuing our partnership with IBEW Local 614 as we remain focused on serving our customers, powering our communities, and supporting the region’s continued growth and success.

We remain fully committed to reaching a fair and equitable agreement with IBEW Local 614 through good-faith negotiations. We have presented a strong, market-competitive proposal that includes nearly a 20% wage increase over five years and significant improvements to retirement and medical benefits that address the union’s long-standing priorities.

To correct the record, PECO’s last wage proposal was made in May, not April. We have made meaningful movement on the union’s key priorities and our proposal provides wages and benefits that are competitive with, and benchmarked against, utilities across the Mid-Atlantic region.

We encourage continued dialogue and hope the union will work with us to reach a mutually beneficial agreement.

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