PHILADELPHIA-PECO, the electric and natural gas subsidiary of Chicago-based Excelon Corp., has launched a five-year initiative aimed at making the company more environmentally responsible with the opening of its first green building. The program, which has an estimated cost of $15.3 million, will also see the company install a green roof and new Crown Lights at its headquarters in Center City.

A spokesperson for PECO tells that the environmental initiative is the brainchild of John Rowe, the chairman, president and CEO of Excelon. Earlier this year, Rowe launched Excelon 2020, a greening initiative that seeks to offset, reduce or displace more than 15 million metric tons of greenhouse gas emissions per year by the year 2020.

“The logical step was to look at what PECO was doing on the local level in Philadelphia and how we could support the initiative,” says the spokesperson. “As an energy company, we know that our customers not only want us to be environmentally responsible, but they expect us to be.”

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