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June 8, 2026
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Mike Innocenzo

  • Closeup of female utility workers.
    Utilities

    As Energy Demand Grows, the Exelon Promise Aims to Help PECO Customers Navigate a Changing Energy Landscape

    June 8, 2026

    For many PECO customers, opening an electric bill has become a reminder of a challenge facing households across the country: energy is becoming more expensive.…

  • Utility truck.
    Utilities

    PECO Secures $8.9 Million in Savings for Natural Gas Customers

    May 13, 2026

    PECO natural gas customers will receive $8.9 million in relief on their natural gas bills following the successful resolution of a multi-year federal pipeline rate…

  • Headshots to two middle-aged male executives at utility company.
    Utilities

    PECO Announces Transition of President and CEO David Vahos to Special Advisor to Exelon’s President and CEO

    April 27, 2026

    PECO President and CEO David Vahos will transition to the role of Special Advisor to Exelon President and CEO Calvin Butler. Mike Innocenzo, Exelon’s Chief…

  • Headshot of older male business executive in dark blue suit and open collared shirt.
    Utilities

    PECO Announces Retirement of CEO Dave Velazquez, Names David Vahos His Successor

    May 16, 2025

    PECO has announced the retirement of President and CEO Dave Velazquez, an Exelon veteran who has served more than 40 years across the energy industry.…

  • Utility worker fixes a power line.
    Utilities

    PECO Named Employer of Choice by the City of Philadelphia

    February 4, 2025

    PECO, Pennsylvania’s largest electric and natural gas energy delivery company, has been named an Employer of Choice by the City of Philadelphia Department of Commerce.  As…

  • PECO Sabrina Brooks
    Utilities

    PECO’s Sabrina Brooks Named to City and State PA’s List of Women Blazing New Trails Across the Commonwealth

    April 13, 2024

    Sabrina Brooks, PECO’s Director of Customer Strategy and Governance and a board member at the African American Museum in Philadelphia, has been named to City…

  • PECO Dave Velazquez
    Utilities

    PECO Names Dave Velazquez Its Next CEO; Mike Innocenzo Promoted to COO of Exelon

    February 24, 2024

    PECO has named Dave Velazquez its next President and Chief Executive Officer, as Mike Innocenzo has been promoted to Executive Vice President and Chief Operating…

  • Madeline Bell
    Healthcare

    CHOP CEO Madeline Bell to Receive 2023 William Penn Award

    December 13, 2023

    Madeline Bell, President and CEO of the Children’s Hospital of Philadelphia, will receive the 2023 William Penn Award, the highest honor bestowed upon a business…

  • PECO
    Utilities

    PECO Customers to Benefit from Infrastructure Investment to Increase Reliability, Resiliency of Local Energy Grid

    October 23, 2023

    The U.S. Department of Energy (DOE) Grid Resilience and Innovation Partnerships (GRIP) program has awarded a grant to support investments in the local energy grid that will…

  • Attending the Delaware County Chamber of Commerce breakfast were (from left) Christopher Franklin, Essential chairman and CEO; Mike Innocenzo, PECO president and CEO; Philadelphia International Airport CEO Atif Saeed; Energy Transfer vice president for public affairs Joe McGinn, and Trish McFarland, Delaware County Chamber of Commerce president.
    Utilities

    Work’s in Progress on Delaware County’s Infrastructure

    June 6, 2023

    Four major players involved in Delaware County’s infrastructure had an opportunity to talk about modernizing the county’s aging infrastructure at a Delaware County Chamber of…

  • PECO workers fix power lines.
    Commerce

    PECO Keeps the Power On for Delaware County Customers During ‘Stay at Home’ Order

    March 25, 2020

    In response to Gov. Tom Wolf’s order to close non life-sustaining businesses and have people stay home, PECO announced it is reconnecting service to customers…

  • PECO workers fix power lines.
    Commerce

    PECO Ready to Weather Summer Storms in Delco

    July 5, 2016

    While most of Delaware County is just warming up to a summer of possibilities, PECO has already dreamed up the worst Mother Nature could possibly…

  • Natural Gas Distribution Pipeline Mechanic
    Commerce

    Delaware County Community College, PECO Collaborate to Help Develop a Skilled Natural Gas Workforce

    June 9, 2016

    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…

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