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 (EXC) will receive the Executive Leadership Council's 2026 Corporate Award at its Recognition Gala on October 30, 2026. The event will take place at the Gaylord National Resort & Convention Center in National Harbor, Maryland, during the council's 40th anniversary year. The award recognizes sustained commitments to talent development, leadership pipelines and community impact.
Exelon has invested almost $114 million in workforce development across its utilities and corporate offices since 2019. More than 19,000 people participated in over 100 programs in 2025, and more than 2,700 people have been hired internally or externally through its job training and related programs since 2019. Its foundation's STEM Academies served 400 students in 2025 and have reached more than 1,700 young people to date.
ComEd, an Exelon (EXC) subsidiary, is supporting Richardson Electronics (RELL) as it expands battery-storage manufacturing and installs an onsite demonstration system.
Richardson is installing a 5-MWh research and development demonstration project in La Fox, Illinois. Its planned operational expansion is intended to scale battery-system development and distribution, with support from Illinois’ Reimagining Energy and Vehicles incentive program. ComEd is providing interconnection support and engineering studies, including site preparation and guidance on potential system upgrades. These activities support connecting the demonstration system while maintaining service for surrounding customers.
ComEd energized electric infrastructure in Belvidere, Illinois, to power a new Walmart perishable grocery distribution center slated to open in 2027.
The project includes a 138-kV substation on a 6.8-acre parcel near the Walmart site, using existing distribution infrastructure. The 1.2 million-square-foot distribution center will process fresh and frozen products for Walmart stores across the Great Lakes region, with operations relying on round-the-clock electric service. ComEd said it looks forward to expanding the substation in the future to serve growing electricity needs in the area.
Exelon (EXC) will hold its third-quarter 2026 earnings conference call on October 30, 2026, to discuss its results. The call begins at 9:00 a.m. CT / 10:00 a.m. ET and will be led by President and CEO Calvin Butler and Executive Vice President and CFO Robert Kleczynski. A live listen-only webcast will be available through Investor Relations and archived for replay.
Exelon (EXC) unit ComEd and SunVest celebrated the energization of a nearly eight-megawatt community solar array at DeKalb Taylor Municipal Airport.
The project dedicates 60 percent of subscription capacity to low-to-moderate-income customers. Average subscriber savings exceed $300 annually. The project also generates $91,000 in annual site rent and $36,000 in annual property taxes. Customers subscribe to a portion of its electricity production and receive bill credits for the solar energy generated. ComEd expects 420 community solar sites to be energized by the end of 2026, including 16 SunVest systems.
Exelon (EXC) subsidiary ComEd reached more than 70,000 residential participants in its Hourly Pricing program, a record for the program.
Customers have saved more than $63 million on electricity supply since the program launched in 2007. In 2025, enrollment grew by over 16,000, its largest annual increase. Participants saved nearly $6.3 million collectively, averaging $166 on annual supply charges. More than 80 percent reduced their electricity supply costs compared with ComEd’s standard fixed-price supply rate that year. Independent analysis estimated approximately $22.8 million in 2025 net benefits across the PJM regional power system and an aggregate peak-load reduction of nearly 14 megawatts.
ComEd (EXC) and the League of Chicago Theatres have awarded $205,000 in 2026 Powering the Arts grants to 19 nonprofit organizations across northern Illinois. The funding supports projects ranging from youth creative development and music education to community festivals and senior-focused performances. Since 2018, the Powering the Arts Grant Program has provided nearly $1.5 million to more than 150 arts and cultural projects within ComEd’s service territory. Grants are selected by an external judging panel, and recipient organizations are required to match their awards with equal or greater investment in their projects.
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.