• PECO Made $814 Million. Its Workers Are Striking on the Fourth of July.

    For the first time in more than a hundred years, the people who keep the lights on in Philadelphia are walking off the job. At 12:01 AM on July 4, roughly 1,600 PECO workers — the linemen and gas techs who climb the poles in the storms you’re hiding from — go on strike. They’re not asking for a yacht. They want pay that matches what the same job earns at every other utility, and an end to a two-tier retirement scheme that quietly shortchanges anyone hired after some arbitrary cutoff. PECO’s answer, across five months of talking, was a shrug dressed up as a 20% raise stretched over the whole contract.

    Here’s the part that should make you throw something. PECO cleared $814 million in profit last year — up almost 48%. It booked another $278 million in the first quarter of 2026 alone. Exelon, the parent company, handed CEO Calvin Butler more than $24 million in compensation, and managers pulled bonuses between 7 and 30%. The money is there. It’s just been decided, in a room you weren’t invited to, that it belongs to the guy in the corner office and not the guy forty feet up a pole in a thunderstorm. That’s not a budget shortfall. That’s a choice, made on purpose, by people who will never touch a live wire in their lives.

    So when the fireworks go up on Friday and some politician starts talking about freedom, remember what it actually costs. Freedom for Butler is $24 million and a strike he can afford to wait out. Freedom for a first-year lineman is being told the pension you were promised got a worse version the day you signed. The workers finally said no — first time in a century. Good. Cross that picket line in your head and you’ve already lost the plot. Stand with the people who fix the grid, not the ones who financialize it.

    1-minute read. Already more thought than the average 'Yellow' replay.

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