Exelon Expects Retail Competitors to Remain "Aggressive" In Pursuit of Market Share
February 16, 2015 Email This Story Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
Exelon expects that retail energy competitors will remain "aggressive" in pursuing market share in the current commodity price environment.
In a 10-K filed Friday, Exelon reported, "The market experienced high price volatility in the first quarter of 2014 which contributed to bankruptcies and consolidations within the industry during the year. However, forward natural gas and power prices are expected to remain low and thus we expect retail competitors to stay aggressive in their pursuit of market share, and that wholesale generators (including Generation) will continue to use their retail operations to hedge generation output."