Exelon Statement on Japan Earthquake

Exelon EXC is closely monitoring the situation in Japan as it continues to unfold. While there is still a great deal we don't know, from all information the company received so far, it appears that the damage to the Japanese plants was primarily related to the tsunami, not the earthquake.

Exelon Chairman and CEO John Rowe said, “The earthquake and tsunami in Japan are a national tragedy. The events at the Fukushima power plants are a source of grave concern. At Exelon, we are following the tireless efforts of the employees of the Tokyo Electric Power Company as closely as we can; our hearts are with these dedicated people. Meanwhile, we continue to learn all we can about these events.

“Our plants are safe, particularly given the different seismic patterns in our regions and the absence of tsunami-type events where we have operations. Still we watch, we learn, and we will work with the Nuclear Regulatory Commission and other policymakers, as well as industry colleagues, on what, if anything, should be done to apply what can be learned from this unprecedented situation,” said Rowe.