PECO employees Peter Farrand, senior environmental project manager, and Glenn Pritchard, principal engineer, recently were honored for their work in applying research and development (R&D) by the Electric Power Research Institute (EPRI). Both received the Technology Transfer Award, given annually to EPRI members who have explored and implemented innovative technologies on behalf of the company and the industry.

Farrand received the award for leading the company’s restoration work at a former manufactured gas plant (MGP) in Norristown, Pa. The project examined the use of injecting environmentally friendly chemical surfactants and oxidants to aid in the restoration and clean-up of the former site.

Pritchard received the award for leading the company’s collaboration and coordination of advanced grid demonstrations through EPRI’s Smart Grid Demonstration Projects. The program focused on several initiatives, including demand response, outage management and also identified the direction for the next generation of the advanced grid.

“PECO is committed to developing innovative solutions to benefit our customers.” said Craig Adams, president and CEO. “These awards represent our continued efforts to enhance our service and support industry-wide progress.”

The awards were presented during meetings of EPRI’s environmental advisors in Charleston, S.C. on February 10, and power distribution and utilization advisors in Phoenix, Ariz. on March 2. EPRI presented its 2014 Technology Transfer Awards for environmental and PDU research and development to a total of 84 individuals, representing 53 electric power companies.

“The 2014 Technology Transfer Award winners made significant achievements in applying EPRI research results, or acting as champions for EPRI research programs,” said Mark McGranaghan, vice president of PDU at EPRI. “The commitment and collaboration demonstrated by these individuals and teams enables the power industry to continuously improve its safety, reliability, and affordability and be more environmentally responsible for the benefit of their stakeholders and society.”

Based in Philadelphia, PECO is an electric and natural gas utility subsidiary of Exelon Corporation (NYSE: EXC). PECO serves 1.6 million electric and more than 500,000 natural gas customers in southeastern Pennsylvania and employs about 2,400 people in the region. PECO delivered 85.7 billion cubic feet of natural gas and 37.8 billion kilowatt-hours of electricity in 2013. Founded in 1881, PECO is one of the Greater Philadelphia Region's most active corporate citizens, providing leadership, volunteer and financial support to numerous arts and culture, education, environmental, economic development and community programs and organizations. For more information visit PECO.com, and connect with the company on Facebook and Twitter.

The Electric Power Research Institute, Inc. (EPRI, www.epri.com) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public. An independent, nonprofit organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, affordability, health, safety and the environment. EPRI's members represent approximately 90 percent of the electricity generated and delivered in the United States, and international participation extends to more than 30 countries. EPRI's principal offices and laboratories are located in Palo Alto, CA; Charlotte, NC; Knoxville, TN; and Lenox, MA.

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PECOGreg Smore, 215-841-5555Greg.Smore@exeloncorp.com

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