Welcome to our dedicated page for Exelon news (Ticker: EXC), a resource for investors and traders seeking the latest updates and insights on Exelon stock.
Exelon Corporation (EXC) reports developments across a regulated electric and gas utility portfolio anchored by Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco. Recurring company news covers utility earnings drivers, approved distribution and transmission rates, grid investment recovery, dividend declarations and customer-affordability initiatives under The Exelon Promise.
Coverage also reflects ComEd energy efficiency programs in northern Illinois, small-business and low-income customer incentives, Illinois Commerce Commission reconciliation filings, and federal policy matters involving FERC and the PJM regional electric grid. These updates connect Exelon's transmission and distribution operations with customer costs, reliability planning and regulated rate mechanisms.
Exelon (Nasdaq: EXC) announced a series of senior leadership changes as part of its long-term value strategy. Chief Operating Officer and Interim PECO President and CEO Mike Innocenzo will depart the company in 2027 after nearly 40 years of service.
Effective Oct. 5, current CFO Jeanne Jones becomes Executive Vice President of Finance and Strategy, reporting to President and CEO Calvin Butler, while Robert Kleczynski is promoted to Chief Financial Officer, reporting to Jones. Effective Jan. 1, 2027, Josh Levin becomes Senior Vice President of Finance at Exelon and Andrew Plenge becomes CFO of ComEd, completing a staged transition in the company’s finance leadership.
ComEd, a unit of Exelon (NASDAQ: EXC), received approval from the Illinois Commerce Commission for its Kishwaukee Area Reliability Extension (KARE) transmission project in DeKalb County. The ICC granted a Certificate of Public Convenience and Necessity, allowing construction of a new double-circuit 345 kV overhead line of about 6 miles on existing right-of-way and a new substation with 345 kV and 138 kV facilities.
The project, located south of DeKalb near Keslinger Road and Crego Road in Afton Township, is intended to reinforce grid reliability and resilience, support future electric demand, and facilitate potential interconnection of renewable resources. ComEd engaged local governments, landowners, and economic development groups and used a routing study by Burns & McDonnell to minimize community and environmental impacts.
ComEd (NASDAQ: EXC) debuted its first Mobile Assistance Unit at Waukegan Township's Corner of Hope & Opportunity Community Resource Fair & Block Party, launching a fleet of repurposed storm-response vehicles that can provide on-site bill assistance across its northern Illinois service territory.
At the event, ComEd staff helped customers enroll in the Low-Income Discount (LID) program, the new Time-of-Day Pricing rate, bill-management options such as Budget Billing and payment arrangements, and the ComEd Energy Efficiency Program. The initiative supports Exelon's customer-focused strategy, The Exelon Promise, to offer relief and tools to manage rising energy costs.
ComEd (NASDAQ: EXC) is sending more than 60 employees to northwest Indiana to help NIPSCO restore power after severe storms on Aug. 11 left over 374,000 customers affected and more than 30,000 still without service. Crews departed Aug. 22 and will stay as needed, supporting NIPSCO’s ongoing rebuilding of heavily damaged electric infrastructure.
ComEd (EXC) highlighted its EV Ambassador Program and rebate offerings at an event in Chicago, showcasing small businesses that are electrifying their fleets using ComEd incentives. The program partners with community leaders to educate customers on EV ownership, charging, and available rebates across northern Illinois.
Since launching in 2025, the EV Ambassador Program has engaged over 350 customers, supported 20+ community events, and helped spur 10 charging and fleet projects, five fleet assessments and two EV installers. In 2026, ComEd reports providing about $13.8 million in EV rebates and $52.5 million across related EV programs, funding thousands of charging ports and vehicles with a strong focus on low-income and equity communities.
ComEd (NASDAQ: EXC) is urging northern Illinois customers to use its bill-support and energy-saving programs as high summer temperatures and the Aug. 15 LIHEAP funding deadline drive higher electric bills. ComEd notes that energy supply prices are rising due to demand outpacing new supply and reiterates that it does not set or profit from these prices.
According to ComEd, in 2025 it helped 220,000 customers access more than $108 million in assistance, and so far this year nearly 140,000 customers have received over $60 million. Current options include the Low-Income Discount (LID) program, Catch Up and Save credits plus energy-saving kits, deferred payment arrangements up to 12 months, budget billing, flexible extensions, high-usage alerts, community solar subscriptions, and energy-efficiency offerings. Small and medium-sized businesses may qualify for matching grants up to $500 from an expanded Customer Relief Fund administered by NHS of Chicago, and the Smart Assistance Manager (SAM) tool helps customers find programs online.
ComEd (NASDAQ: EXC) and nonprofit partner Openlands awarded $150,000 in 2026 Green Region grants to 21 communities and organizations across northern Illinois. Projects include restoring prairies, wetlands and woodlands, enhancing pollinator habitats, planting trees and improving climate resilience and community green spaces.
According to ComEd, the 14-year program has distributed more than $2.6 million since 2013 to support 320 projects, helping restore over 1,900 acres, build nearly 88,000 feet of ADA-accessible trails and plant more than 39,000 trees. Recipients must match grant funds with investments of equal or greater value.
ComEd (NASDAQ: EXC), in partnership with the Metropolitan Mayors Caucus, awarded more than $170,000 through the 2026 Powering Safe Communities Program to 24 local governments, public agencies and nonprofits across Illinois. The grants support public safety enhancements and clean energy solutions such as AED installations, solar-powered lighting, EV charging and traffic-calming technologies.
According to ComEd, the program has provided over $2 million in funding for more than 260 projects since 2015, with recipients required to match grant amounts with equal or greater local investment.
ComEd, a unit of Exelon (NASDAQ: EXC), reports that it has restored power to approximately 99% of the nearly 410,000 customers affected by the severe Aug. 11–12 storms across northern Illinois. More than 4,500 personnel, including contractors and mutual assistance crews from PECO, PHI and Ameren, supported what the company describes as one of its largest restoration efforts of 2026.
The hardest‑hit areas were communities in ComEd’s south region, where tornadoes and high winds caused extensive transmission and distribution damage, requiring complex repairs. According to ComEd, these storms represent the 20th major weather event impacting its customers in 2026, in a year that has already seen over 52 confirmed tornadoes in its service territory. The company highlights past grid‑modernization and smart‑grid investments as key to limiting outages and improving restoration efficiency, and reiterates safety reminders and multiple channels for customers to report outages and obtain restoration updates.
ComEd, a unit of Exelon (NASDAQ: EXC), reports it has restored power to more than 80 percent of nearly 410,000 customers affected by severe storms across northern Illinois on August 11–12, 2026, returning service to about 328,000 customers as of Thursday morning.
Nearly 4,500 personnel, including mutual-assistance crews from sister utilities, are working from multiple basecamps to complete complex repairs after tornadoes and winds near 100 mph caused extensive damage. The August 9–12 storms represent the 20th major weather event affecting ComEd customers in 2026, with at least 52 tornadoes confirmed in its service territory year-to-date.