Utilities
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Muddy Run of Kennett Square’s Exelon Inspires New Pumped Storage Projects
One of Exelon Generation’s original pumped storage sites – where water is pumped uphill when electricity is cheap and released downhill to generate and sell high-priced electricity – is inspiring a new wave of pumped storage projects now that wind and solar energy farms have grown in popularity. The Kennett Square energy producer has, since…
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Smart Grid Startup Chooses West Chester to Plug into Big Money
A newcomer to the world of IoT startups has picked West Chester for its headquarters in order to plug into the area’s thriving economy. Fischer Block continues to attract big investments for its electric utility technology, which can analyze power data and predict issues, thereby streamlining power grid management, according to a Philadelphia Business Journal…
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Exton’s PetroMar Technologies Wins $20,000 Shale Gas Innovation Award
An Exton technology pioneer has literally set its sights on visualizing the future of how companies drill for shale gas, and PetroMar Technologies’ resulting FracView borehole imaging tool just hit its mark as a $20,000 winner of the Sixth Annual Shale Gas Innovation Contest. One of just three grand prize winners, PetroMar was recognized for…
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Chester County Man Helping Dig Up Coal’s Future
There’s new support for Pennsylvania coal in the White House, and a Chester County resident is helping dig up prospects for coal’s future. Blaschak Coal Corp. president Greg Driscoll drives to coal country every day in hopes of digging up new uses for anthracite coal, according to a Philadelphia Inquirer report by Jason Nark. But…
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PECO Announces Further Price Cuts
More good news is coming from PECO, as the energy company has announced further price cuts, beginning on June 1, writes Andrew Maykuth for the Philadelphia Inquirer. PECO’s customers have already been paying less for their electricity over the last six years, since competitive market rates took effect. In competitive markets like Pennsylvania’s, retail customers…
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Proactive PECO to Inspect 39,000 Suburban Utility Poles This Year
PECO’s never-ending challenge to keep the lights on will become even more visible this year throughout suburban Philadelphia. The energy provider is set to inspect more than 39,000 utility poles for potential problems — and fix any issues it finds — in Bucks, Chester, Delaware, and Montgomery counties. The $3 million project is just a…
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PECO Ready to Weather Summer Storms
While most of Chester County is just warming up to a summer of possibilities, PECO has already dreamed up the worst Mother Nature could possibly throw at it — and spent almost $13 million to reinforce the local power grid against a potentially stormy summer. Early forecasts predict a possibility for more severe storms than…
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Delaware County Community College, PECO Collaborate to Help Develop a Skilled Natural Gas Workforce
The Collegiate Consortium for Workforce and Economic Development, in partnership with PECO and other industry counterparts, has announced the availability of a new introductory training program to develop a skilled natural gas workforce. The Gas Distribution Pipeline Mechanic Introduction Program was developed to provide students with the fundamental skills necessary to work in the natural…
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Chester County and Constellation Finish Implementing Energy and Water Conservation Measures
Chester County and Constellation, a leading retail supplier of power, have completed their project to implement $5.9 million in energy and water conservation measures that are expected to provide $6.7 million in energy and water cost savings over the next fifteen years. The newly implemented measures will help the County save close to 2.2 million…
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PECO Employees Volunteer for Community-Service Projects in Chadds Ford, West Chester
PECO employees are celebrating National Volunteer Week (April 10-16) by participating in service projects in Chadds Ford and West Chester and several more throughout southeastern Pennsylvania. On Tuesday in Chadds Ford, PECO employees beautified the grounds of the Brandywine River Museum by removing invasive plants and supporting other landscaping efforts. On Friday in West Chester,…
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Major General James Lariviere Joins JDog’s Advisory Board
JDog Junk Removal & Hauling, the Berwyn based company that operates across 24 states, has announced the addition of Marine Corps Reserve Major General, James Lariviere, to its Joint Chiefs Advisory Board. The Joint Chiefs Advisory Board is dedicated to improving post-military career opportunities for veterans and consists of highly-placed military veterans as well as…
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Nick DeBenedictis Receives CCCBI’s Executive of the Year Award at Longwood Gardens
Retiring from the position of Aqua America’s CEO might have given Nicholas DeBenedictis more free time, but it has not slowed him down in the least. During his tenure which ended this July, Aqua America’s market capitalization grew from $100 million to $4.5 billion with 15 years of record earnings. DeBenedictis, still the Non-Executive Chairman…
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Chester County Leadership — Chris Franklin, CEO of Aqua America
On July 1, Nick DeBenedictis, Aqua America’s long-serving, community-minded and widely respected Chairman, President and CEO, yielded up the CEO seat, a post he held since joining the company in 1992, to Chris Franklin, his long-time friend. Franklin is Aqua’s former COO. Bryn Mawr-based Aqua America, one of the nation’s largest publicly traded water utilities,…
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PECO Debuts Texting Service for Power Outages, Account Information
Wish you had more information about when the power will be back on during an outage? Well PECO just made it easier for 1.6 million of its customers to monitor power outages with its innovative, new two-way texting system. The new program was implemented by its Exelon subsidiary on Monday and will allow customers to…
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Chester County Daily News: Business Briefs
Business Briefs are concise stories bringing you up to date with what’s happening around the county. Memorial for the 22nd and Market Tragedy Looking for the Public’s Help The project to create a $1.4 million memorial to honor the six killed and 13 injured when a wall collapsed on the Salvation Army store at 22nd…
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Aqua America’s New CEO Talks Work, Politics, and Showers with Philly.com
Chris Franklin, the recently appointed CEO of Aqua America Inc. is one of a new style of bosses that are infusing youth into corporate America. In an interview with philly.com he talks about his new position, how it feels to succeed his former boss, and dealing with the politics that comes with his new position.…
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Aqua Financial Results Improve As It Invests In Chester County’s Water Infrastructure
While work on underground water supply pipes is often an inconvenience, as it tends to get in the way of regular traffic flows, the work that Aqua is doing involves an expenditure of more than $1 million dollars and will address issues that if left unattended, could taint the county’s water supply in the future. At present, the…
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WSJ: Chris Franklin, New Aqua America CEO, Epitomizes Younger Boss Trend
A new kind of boss is infusing youth into corporate America, and this month’s new CEO of Bryn Mawr water utility Aqua America is a prime example of the influence Generation X is bringing to the executive suite. More tech savvy and prone to taking risks and reacting quickly, 50-year-old Christopher H. Franklin exemplifies the…
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