PECO CEO committed to the community and direct support for customers in Philadelphia

1. David Vahos, CEO and president of PECO, spoke with Impacto about the company’s new economic assistance fund. (Photo: Impacto/Staff)

To support families most affected by rising energy costs and recent heat waves, PECO has launched a $10 million assistance fund for its customers across the region. David Vahos, president and CEO of PECO, spoke exclusively with Impacto about this important initiative and the company’s ongoing commitment to the communities it serves, particularly the Latino community.

“We had the wonderful opportunity to announce a $10 million customer assistance fund for our PECO customers throughout the PECO territory,” Vahos explained. “Applications for the fund open on August 4.”

The program is first-come, first-served, so early application is strongly encouraged. It targets individuals who are not receiving other forms of financial assistance. “The idea is that if you fall within 150% to 300% of the federal poverty level—say, a family of four earning between $46,000 and $96,000—you would be eligible,” he said. “If you already have an outstanding balance with PECO, we want to help by offering a one-time $500 grant.”

David Vahos, CEO and president of PECO, met with Esperanza CEO and founder, Reverend Luis Cortés, to discuss the needs of the Latino community. (Photo: Impacto/Staff)

Beyond financial aid, Vahos emphasized PECO’s broader mission of staying connected with the community. “It’s not just about keeping the lights on and the gas flowing. If the people living here our neighbors and friends are struggling, then we’re all struggling.”

Regarding the Latino community’s access to PECO services, Vahos was clear: “We treat everyone equally. There will be no distinction. There are many people who don’t speak English, so we work very hard to meet people where they are—and in the language they need—to ensure they can access these services.”

PECO organizes over 300 community events each year and holds weekly virtual sessions. “We’re literally out in the community almost every day, aiming to connect directly with customers and guide them through these assistance opportunities,” he said. “Last year alone, we helped over 140,000 customers get some form of support. We’re deeply committed and want to do even more.”

For more information about the assistance fund or to apply, customers can visit the PECO website.

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