PHILADELPHIA (July 6, 2026) - 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.
Media Note: PECO will not be taking additional media questions this evening. Members of the media with follow-up questions are encouraged to contact the Communications team, and we will reconnect with reporters tomorrow morning to provide additional information and responses as needed.
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PECO, founded in 1881, is Pennsylvania's largest electric and natural gas delivery company. Headquartered in Philadelphia, PECO delivers energy to nearly 1.7 million electric customers and more than 556,000 natural gas customers in southeastern Pennsylvania. The company's 3,100 employees are dedicated to the safe and reliable delivery of electricity and natural gas as well as enhanced energy management conservation, environmental stewardship and community assistance. PECO is a subsidiary of Exelon Corporation (Nasdaq: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving almost 11 million customers through six fully regulated transmission and distribution utilities. For more information visit PECO.com, and connect with the company on Facebook, X, and Instagram. |
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