PECO, union reach tentative deal, ending 3-day strike

Source: WPVI-TV Philadelphia, PA

Tuesday, July 7, 2026 12:08AM


PHILADELPHIA (WPVI) -- PECO and IBEW Local 614 reached a tentative contract agreement Monday night, bringing an end to a three-day strike involving about 1,600 workers.

The union announced the deal after days of negotiations and picketing across the region.

IBEW Local 614 says it won all of its major contract priorities: cash balance pension plans for all members, full retirement medical coverage for all members and significant general wage increases for all members.

"Tonight, we declare victory. IBEW Local 614 is ending our strike with a historic win and a landmark contract. This is the beginning of a new era at PECO, one where greed does not go unchecked and the workers who make modern life possible get the respect and dignity we are owed," said Larry Anastasi, President and Business Manager of IBEW Local 614.

Read more: https://6abc.com/post/negotiations-set-resume-amid-first-peco-workers-strike-storms-knock-power-philadelphia-region/19457276/