e8vk
 

 
 
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
Date of Report (Date of earliest event reported): December 6, 2006
         
Commission File   Exact Name of Registrant as Specified in Its Charter; State of Incorporation;   IRS Employer
Number   Address of Principal Executive Offices; and Telephone Number   Identification Number
 
 
       
1-16169
  EXELON CORPORATION   23-2990190
 
  (a Pennsylvania corporation)    
 
  10 South Dearborn Street — 37th Floor    
 
  P.O. Box 805379    
 
  Chicago, Illinois 60680-5379    
 
  (312) 394-7398    
 
       
1-1839
  COMMONWEALTH EDISON COMPANY   36-0938600
 
  (an Illinois corporation)    
 
  440 South LaSalle Street    
 
  Chicago, Illinois 60605-1028    
 
  (312) 394-4321    
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

TABLE OF CONTENTS

Section 8—Other Events
Item 8.01 Other Events.
Section 9 — Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
SIGNATURES
Section 8—Other Events
Item 8.01 Other Events.
As previously reported, the Illinois Commerce Commission (ICC) recently released the results of the descending clock auction competitive bidding process held on September 5 to 8, 2006 to supply Commonwealth Edison Company’s (ComEd) entire retail load beginning in 2007. On December 6, 2006, the Auction Manager and the ICC Staff submitted a public report reflecting the number of tranches won by each supplier of each specific product auctioned. A copy of the full report is available on the ICC’s website, http://www.icc.illinois.gov/docs/en/Post_Auction_Public_Report_Staff.pdf. ComEd issued a news release related to the public report on December 7, 2006. The news release is attached to this Current Report on Form 8-K as Exhibit 99.
Following is information related to ComEd’s load:
                                             
  Section     Fixed Price  
  Customer Group     Small to Medium     Large  
 
Product
      B 17         B 29         B 41         A 17    
 
Price ($/MWH)
    $ 63.96       $ 64.00       $ 63.33       $ 90.12    
 
 
                                         
 
Bidder/Tranches Won
                                         
 
Ameren Energy Marketing Company
                                         
 
American Electric Power Service Corporation
      3                             5    
 
Connectiv Energy Supply, Inc.
                6         1         3    
 
Constellation Energy Commodities Group, Inc.
                3                   22    
 
DTE Energy Trading, Inc.
      3         4                   3    
 
Dynegy Power Marketing, Inc.
                                         
 
Edison Mission Marketing & Trading, Inc.
      19         22                        
 
Energy America, LLC
      4                                  
 
Exelon Generation Co., LLC
                38         89         1    
 
FPL Energy Power Marketing
      6                             9    
 
J. Aron & Company
      15         10                        
 
J. P. Morgan Ventures Energy Corporation
      27         4         1              
 
Morgan Stanley Capital Group, Inc.
      6                             37    
 
PPL EnergyPlus, LLC
      6         6         2              
 
Sempra Energy Trading Corporation
                                    8    
 
WPS Energy Services, Inc.
      3                                  
 
Sum of Tranches Won
      92         93         93         88    
       
* * * * *
This combined Form 8-K is being furnished separately by Exelon Corporation (Exelon) and ComEd (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.
Forward-Looking Statements
This Current Report includes 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 these forward-looking statements include those discussed herein as well as those discussed in (1) Exelon’s 2005 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: Exelon-Note 20 and ComEd-Note 17; (2) Exelon’s Third Quarter 2006 Quarterly Report on Form 10-Q in (a) Part II, Other Information, ITEM 1A. Risk Factors and (b) Part I, Financial Information, ITEM 1. Financial Statements: Note 13; 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 Current 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 Current Report.

2


 

Section 9 — Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
     
Exhibit No.   Description
 
   
99
  News release of Commonwealth Edison Company

3


 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  EXELON CORPORATION
 
 
  /s/ John F. Young    
  John F. Young   
  Executive Vice President, Finance and Markets
and Chief Financial Officer
Exelon Corporation 
 
 
         
  COMMONWEALTH EDISON COMPANY
 
 
  /s/ Robert K. McDonald    
  Senior Vice President, Chief Financial Officer,   
  Treasurer and Chief Risk Officer
Commonwealth Edison Company 
 
 
December 7, 2006

4