Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

May 6, 2016

Date of Report (Date of earliest event reported)

 

Commission File

Number

  

Exact Name of Registrant as Specified in Its Charter; State of Incorporation;
Address of Principal Executive Offices; and

Telephone Number

  

IRS Employer

Identification

Number

1-16169

  

EXELON CORPORATION

(a Pennsylvania corporation)

10 South Dearborn Street

P.O. Box 805379

Chicago, Illinois 60680-5379

(800) 483-3220

   23-2990190

333-85496

  

EXELON GENERATION COMPANY, LLC

(a Pennsylvania limited liability company)

300 Exelon Way

Kennett Square, Pennsylvania 19348-2473

(610) 765-5959

   23-3064219

1-1839

  

COMMONWEALTH EDISON COMPANY

(an Illinois corporation)

440 South LaSalle Street

Chicago, Illinois 60605-1028

(312) 394-4321

   36-0938600

000-16844

  

PECO ENERGY COMPANY

(a Pennsylvania corporation)

P.O. Box 8699

2301 Market Street

Philadelphia, Pennsylvania 19101-8699

(215) 841-4000

   23-0970240

1-1910

  

BALTIMORE GAS AND ELECTRIC COMPANY

(a Maryland corporation)

2 Center Plaza

110 West Fayette Street

Baltimore, Maryland 21201

(410) 234-5000

   52-0280210

001-31403

  

PEPCO HOLDINGS LLC

(a Delaware limited liability company)

701 Ninth Street, N.W.

Washington, D.C. 20068

(202)872-2000

   52-2297449

001-01072

  

POTOMAC ELECTRIC POWER COMPANY

(a District of Columbia and Virginia corporation)

701 Ninth Street, N.W.

Washington, D.C. 20068

(202)872-2000

   53-0127880

001-01405

  

DELMARVA POWER & LIGHT COMPANY

(a Delaware and Virginia corporation)

500 North Wakefield Drive, 2nd Floor

Newark, DE 19702

(202)872-2000

   51-0084283

001-03559

  

ATLANTIC CITY ELECTRIC COMPANY

(a New Jersey corporation)

500 North Wakefield Drive, 2nd Floor

Newark, DE 19702

(202)872-2000

   21-0398280

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Section 2 – Financial Information

Item 2.02.  Results of Operations and Financial Condition.

Section 7 – Regulation FD

Item 7.01.  Regulation FD Disclosure.

On May 6, 2016, Exelon Corporation (Exelon) announced via press release its results for the first quarter ended March 31, 2016. A copy of the press release and related attachments is attached hereto as Exhibit 99.1. Also attached as Exhibit 99.2 to this Current Report on Form 8-K are the presentation slides to be used at the first quarter 2016 earnings conference call. This Form 8-K and the attached exhibits are provided under Items 2.02, 7.01 and 9.01 of Form 8-K and are furnished to, but not filed with, the Securities and Exchange Commission.

Exelon has scheduled the conference call for 11:00 AM ET (10:00 AM CT) on May 6, 2016. The call-in number in the U.S. and Canada is 800-690-3108, and the international call-in number is 973-935-8753. If requested, the conference ID number is 97958832. Media representatives are invited to participate on a listen-only basis. The call will be web-cast and archived on Exelon’s Web site: www.exeloncorp.com. (Please select the Investors page.)

Telephone replays will be available until May 20, 2016. The U.S. and Canada call-in number for replays is 855-859-2056, and the international call-in number is 404-537-3406. The conference ID number is 97958832.

Section 9 – Financial Statements and Exhibits

Item 9.01.  Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit
No.

  

Description

99.1    Press release and earnings release attachments
99.2    Earnings conference call presentation slides

* * * * *

This combined Current Report on Form 8-K is being furnished separately by Exelon, Exelon Generation Company, LLC, Commonwealth Edison Company, PECO Energy Company, Baltimore Gas and Electric Company, Pepco Holdings LLC (PHI), Potomac Electric Power Company, Delmarva Power & Light Company, and Atlantic City Electric Company (Registrants). Information contained herein relating to any individual Registrant has been furnished by such Registrant on its own behalf. No Registrant makes any representation as to information relating to any other Registrant.

This report contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are subject to risks and uncertainties. The factors that could cause actual results to differ materially from the forward-looking statements made by Registrants include those factors discussed herein, as well as the items discussed in (1) Exelon’s 2015 Annual Report on Form 10-K in (a) ITEM 1A. Risk Factors, (b) ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations and (c) ITEM 8. Financial Statements and Supplementary Data: Note 23; (2) PHI’s 2015 Annual Report on Form 10-K in (a) ITEM 1A. Risk Factors, (b) ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations and (c) ITEM 8. Financial Statements and Supplementary Data: Note 16; and (3) other factors discussed in filings with the SEC by the Registrants. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this report. None of the Registrants undertakes any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this report.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  EXELON CORPORATION
 

/s/ Jonathan W. Thayer

  Jonathan W. Thayer
  Senior Executive Vice President and Chief Financial Officer
  Exelon Corporation
  EXELON GENERATION COMPANY, LLC
 

/s/ Bryan P. Wright

  Bryan P. Wright
  Senior Vice President and Chief Financial Officer Exelon Generation Company, LLC
  COMMONWEALTH EDISON COMPANY
 

/s/ Joseph R. Trpik, Jr.

  Joseph R. Trpik, Jr.
  Senior Vice President, Chief Financial Officer and Treasurer
  Commonwealth Edison Company
  PECO ENERGY COMPANY
 

/s/ Phillip S. Barnett

  Phillip S. Barnett
  Senior Vice President, Chief Financial Officer and Treasurer
  PECO Energy Company
  BALTIMORE GAS AND ELECTRIC COMPANY
 

/s/ David M. Vahos

  David M. Vahos
  Senior Vice President, Chief Financial Officer and Treasurer
  Baltimore Gas and Electric Company
  PEPCO HOLDINGS LLC
 

/s/ Donna J. Kinzel

  Donna J. Kinzel
  Senior Vice President, Chief Financial Officer and Treasurer,
  Pepco Holdings LLC


  POTOMAC ELECTRIC POWER COMPANY
 

/s/ Donna J. Kinzel

  Donna J. Kinzel
  Senior Vice President, Chief Financial Officer and Treasurer,
  Potomac Electric Power Company
  DELMARVA POWER & LIGHT COMPANY
 

/s/ Donna J. Kinzel

  Donna J. Kinzel
  Senior Vice President, Chief Financial Officer and Treasurer,
  Delmarva Power & Light Company
  ATLANTIC CITY ELECTRIC COMPANY
 

/s/ Donna J. Kinzel

  Donna J. Kinzel
  Senior Vice President, Chief Financial Officer and Treasurer,
  Atlantic City Electric Company

May 6, 2016


EXHIBIT INDEX

 

Exhibit
No.

  

Description

99.1    Press release and earnings release attachments
99.2    Earnings conference call presentation slides