You’re looking for the Philadelphia Electric Company stock price and hitting a wall. I get it. It’s frustrating. You might have found an old paper certificate in a shoebox or remember your grandparents talking about their "PECO" shares like they were gold bars.
Here is the thing: if you search for "Philadelphia Electric Company" on a modern trading app like Robinhood or E*TRADE, you won't find a live ticker for it. It doesn't exist anymore. At least, not under that name.
The company officially became part of the Exelon Corporation (EXC) back in 2000. So, when people ask about the current value, they are actually looking for the performance of Exelon. As of January 2026, Exelon stock (EXC) is trading around $43.30.
What Actually Happened to the Philadelphia Electric Company?
Let’s go back a bit. PECO was the backbone of Philly for over a century. It was founded in 1881. In 2000, it pulled a massive power move and merged with Unicom Corp (the parent of Chicago’s ComEd). That marriage birthed Exelon.
If you hold original Philadelphia Electric Company shares, you technically hold Exelon shares now. The conversion wasn't a 1-to-1 "oops it's gone" situation; it was a formal merger where PECO shareholders became Exelon shareholders.
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Why the Stock Price Matters Right Now
Utility stocks are usually boring. That’s why people love them. They pay dividends. They provide "widows and orphans" security. But lately, things have been a bit more volatile for the sector.
The philadelphia electric company stock price—now reflected in Exelon—is heavily influenced by two big factors: interest rates and "decarbonization" mandates.
- Interest Rates: When the Fed keeps rates high, utilities struggle because they carry a ton of debt to maintain the grid.
- The Grid Upgrade: Philly's infrastructure isn't getting any younger. Exelon is pouring billions into "smart grid" tech. Investors are watching to see if they can raise rates on customers fast enough to cover those costs without causing a political riot.
Breaking Down the Numbers (The Real Talk)
Honestly, Exelon had a weird 2024 and 2025. They spun off their power generation business (Constellation Energy) a few years ago. That left the "new" Exelon as a pure-play transmission and distribution utility.
Basically, they don't make the electricity anymore; they just own the wires and pipes that bring it to your house.
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- Current P/E Ratio: Sitting around 15.4x. That’s cheaper than some of its peers like NextEra or Southern Company.
- Dividend Yield: Currently hovering near 3.7%. Not world-changing, but way better than a savings account in most years.
- 52-Week Range: It’s bounced between $37.12 and $48.51.
If you bought at the bottom in early '25, you're feeling pretty smart right now. If you bought at the peak, you're likely just sitting tight for that quarterly dividend check.
Is It Still a Good Buy in 2026?
Wall Street is split. Typical, right? Some analysts, like the folks at Wells Fargo, have been cautious because of the regulatory environment in states like Illinois and Pennsylvania. They worry that regulators won't let the company hike prices enough to satisfy investors.
On the flip side, Bank of America recently noted that Exelon's "regulated model" is a fortress during a recession. If the economy goes south, people still pay their electric bills. They might skip the Netflix subscription, but they aren't sitting in the dark.
The "Paper Certificate" Problem
I hear this a lot: "I found a certificate for 50 shares of Philadelphia Electric Company from 1985. Is it worth anything?"
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Yes. Don't throw it away. Even if the company name changed, that paper represents legal ownership. However, you need to account for stock splits. Exelon had a 2-for-1 split in 2004. So your 50 shares might actually be 100 shares of EXC now.
You’ll need to contact Exelon’s transfer agent, which is usually Equiniti Trust Company (formerly American Stock Transfer & Trust). They are the ones who can track down the "unclaimed" dividends that have been piling up for decades. Honestly, that's often where the real money is—years of uncashed checks.
The PECO Confusion
Just to make things more confusing, there is another "PECO" on the NASDAQ. It stands for Phillips Edison & Company.
DO NOT BUY THIS BY MISTAKE. Phillips Edison is a real estate investment trust (REIT) that owns grocery-anchored shopping centers. It has absolutely nothing to do with the lights in Philadelphia. Its stock price is around $34.80, which is close enough to Exelon's price to trick a tired investor. Always check the ticker. You want EXC, not PECO.
Actionable Steps for Investors
If you're tracking the philadelphia electric company stock price because you want to invest or you already own it, here is what you should do next:
- Audit Your Tickers: If your portfolio still says "PECO" and it’s not the shopping center REIT, your broker probably already converted it to EXC. Double-check your cost basis.
- Watch the February Earnings: Exelon is set to announce Q4 results on February 12. This will be the big reveal for their 2026 "capital investment plan."
- Check Unclaimed Property: If you lost track of old shares, search the Pennsylvania Treasury’s Unclaimed Property database. Companies are required to hand over "abandoned" stock after a few years of no contact.
- Analyze the Dividend: If you need income, look at the payout ratio. Right now, it’s around 60%. That’s healthy. It means they aren't over-leveraging themselves just to keep shareholders happy.
The old Philadelphia Electric Company is a ghost, but its successor is very much alive. Tracking the price is less about a local utility and more about the global shift toward a high-tech, regulated power grid.