Exelon Aims to Eliminate Carbon Footprint by 2020

July 16, 2008 - Exelon, one of the largest energy utilities in the U.S., has crafted a 12-year plan to reduce or offset more than 15 million metric tons of greenhouse gases - equal to 100% of its current carbon footprint.

Dubbed "Exelon 2020: A Low-Carbon Roadmap," the plan targets three key areas:

Reducing or offsetting its own carbon footprint and that of its suppliers. Exelon intends to lower its energy consumption by 25% in all their buildings, and partner with suppliers to obtain voluntary disclosures of their emissions and energy consumption as well.

Helping customers reduce their greenhouse gas emissions. The company will implement a $250 million energy efficiency plan targeting residential and commercial energy savings through more efficient lighting, heating and cooling, appliance recycling, weatherization, and energy audits.

Offering more low-carbon electricity in the marketplace. Exelon will pursue the growth of solar, wind, biomass, and landfill-gas generation and the potential development of a 600-megawatt combined-cycle natural gas power plant in Pennsylvania that will displace higher-emitting generation.

"We are committing to a much broader, deeper, and sustained effort that will drive our business activities going forward," says Exelon CEO John W. Rowe.

Read more about Exelon's low-carbon roadmap here (PDF).

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