Exelon Stock Price, News & Analysis

ComEd, a unit of Exelon (NASDAQ: EXC), has launched its new EV Ambassador Program to promote electric vehicle adoption in northern Illinois. The program partners with three local organizations: Equiticity, Bronzeville Community Development Partnership, and A Step Beyond NFP. This initiative is part of ComEd's broader Beneficial Electrification Plan, which extends through 2028. The company has committed $100 million in rebates for 2025 to support EV adoption, covering residential charger installation, fleet vehicles, and business charging infrastructure. Notable achievements include $30 million in rebates awarded this year, funding nearly 5,000 charging ports and incentivizing almost 1,000 electric fleet vehicles. Significantly, 85% of funds have been awarded to equity investment eligible communities, demonstrating ComEd's commitment to equitable EV adoption.

ComEd, a unit of Exelon Corporation (NASDAQ: EXC), celebrated the graduation of nearly a dozen participants from its first Skilled Cohort in Rockford, part of its Market Development Initiative (MDI). The 5-week program, launched in early 2024, provides free training in energy efficiency skills, including certifications in building standards, HVAC, and weatherization.

The MDI program has graduated 80 participants across five cohorts since its inception. The initiative aims to create a diverse, local workforce for the growing energy efficiency industry, supporting projects arising from Illinois' Climate and Equitable Jobs Act. ComEd's Energy Efficiency Program has helped customers save over $11 billion on energy bills and reduce 74 billion pounds of carbon emissions since 2008.

ComEd and the American Society of Mechanical Engineers (ASME) have concluded the fourth year of their DropMEin! program, welcoming over 100 elementary students to ComEd's Chicago Training Center. The STEM initiative connects engineers and STEM professionals with students to enhance curriculum and inspire future workforce development in Illinois. The 2025 program partnered with three schools - Bronzeville Classical Academy, STEAM Academy at Haskell Elementary, and Thurgood Marshall Middle School - focusing on power distribution, energy sustainability, and STEM career paths. The program has reached over 4,000 K-12 students nationally in 2024/2025, with 84% of participating schools qualifying for Title 1 federal funding. ComEd's involvement is part of its broader initiative to prepare students for the clean-energy transition through various STEM programs including STEM Labs, Construct Youth Academy, Tools of the Trade, and Future of Energy Scholarships.

PECO, an Exelon company (Nasdaq: EXC), announced the retirement of President and CEO David Velazquez, effective July 1, after more than 40 years of service. David Vahos has been appointed as the new President and CEO, effective June 1, and will join Exelon's Executive Committee.

Vahos brings over 30 years of financial and operational leadership experience, most recently serving as senior vice president, CFO and treasurer of Exelon subsidiary Pepco Holdings. A Villanova University graduate with an MBA from Johns Hopkins, Vahos previously held leadership roles at Baltimore Gas and Electric and is actively involved in civic and nonprofit organizations, including serving as a founding board member of ALPFA Baltimore Chapter.

Exelon (NASDAQ: EXC) has opened applications for its 2026 Climate Change Investment Initiative (2c2i), accepting submissions through September 15, 2025. The program, launched in 2019, combines the Exelon Foundation's environmental objectives with venture capital investment approaches. The initiative currently has 34 active portfolio companies, with 15 headquartered in Exelon's footprint. Three new companies were recently selected: Salient Predictions (weather forecasting), SusMaX (coal ash recycling), and Zero Homes (heat pump design platform). To qualify, startups must benefit Exelon's six major markets and focus on greenhouse gas mitigation, urban infrastructure resilience, climate adaptation, or sustainability goals. The program demonstrates success through companies like Carbon Reform, which installed its CO₂ capture technology at Exelon's BGE Spring Garden building. Exelon maintains a $20 million commitment to support innovative climate-focused startups.

ComEd has announced the return of its CONSTRUCT Infrastructure Youth Academy for the third year, a paid summer career training program operated in partnership with YMCA of Metropolitan Chicago and Goodwill. The program, starting in June and July 2025, prepares high school students for careers in construction and energy sectors. With 150,000 jobs expected in Illinois by 2050 supporting clean energy transition, the academy offers practical training, including drone and EV technology, power grid equipment, and hands-on construction experience. The program has already graduated over 100 teens, with 70% being people of color and 20% young women. New features include a Spring Break session for seniors with pole-climbing clinics and CAST exam preparation. Classes will be held at YMCA locations in Woodlawn, West Humboldt Park, Little Village, and Goodwill's Workforce Connection Center in Englewood.

ComEd, a unit of Exelon Corporation (NASDAQ: EXC), has announced the return of its annual ComEd EV Rally STEM program for young women in Illinois. The program offers 45 female teens aged 13-18 the opportunity to build and race electric go-carts while receiving mentorship from ComEd professionals. Each participant will receive a $2,000 scholarship for STEM education.

The program, running since 2014, has engaged over 250 teens and aims to address the gender gap in STEM careers, where only 28% of professionals are women. The July program culminates in a race at the Griffin Museum of Science and Industry on July 26. Applications are open until June 1 at ComEd.com/STEM.

Exelon Corporation has announced a quarterly dividend of $0.40 per share on its common stock. The dividend will be paid on June 13, 2025, to shareholders recorded as of May 12, 2025.

As a Fortune 200 company and one of the largest utility providers in the nation, Exelon serves over 10.7 million customers through six regulated transmission and distribution utilities:

• Atlantic City Electric (ACE)
• Baltimore Gas and Electric (BGE)
• Commonwealth Edison (ComEd)
• Delmarva Power & Light (DPL)
• PECO Energy Company (PECO)
• Potomac Electric Power Company (Pepco)

The company employs 20,000 people who focus on delivering reliable and affordable energy services while supporting communities through workforce development, equity initiatives, economic development, and volunteerism.