Wednesday, PECO, a unit of Exelon Corp. (EXC) announced that it has entered into five-year agreements for the purchase of renewable energy credits equal to 412,000 megawatt-hours of renewable energy.
The agreement, along with a similar agreement made in August 2008, brings PECO's renewable energy credit purchase to 452,000 per year, making it the first utility in the state to buy and bank renewable energy credits to meet the Pennsylvania Alternative Energy Portfolio Standards requirements.Based on Environmental Protection Agency methodology, PECO's renewable energy credit commitment avoids carbon dioxide emissions equal to taking about 60,000 cars off the road each year.
For comments and feedback contact: editorial@rttnews.com
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.