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.
ComEd (NASDAQ: EXC) launched the Low-Income Discount (LID) program to provide tiered percentage discounts on monthly electric bills for income-eligible customers, aiming to lower energy costs to 3%–6% of household income. 240,000 customers are enrolled so far; enrollment continues.
Eligibility extends to households up to 300% of federal poverty level (family of four example: $96,450). LID terms run 13–24 months; ComEd estimates average savings of 5%–80% depending on income and delivery class. In 2025 ComEd connected over 220,000 customers to more than $108 million in assistance, including a $10 million Customer Relief Fund.
ComEd (NASDAQ: EXC) reported 2025 operational and customer-impact milestones focused on affordability, reliability and clean energy across northern Illinois. Key outcomes include over $500 million in rebates and EE savings, more than $100 million in new financial assistance, and returning $803 million to customers via CEJA Carbon Mitigation Credits in early 2026. ComEd interconnected 1.4 GW of distributed energy resources, awarded >$80 million in solar rebates, and launched transmission upgrades within a $1 billion multiyear capital program. Reliability benchmarks were highlighted by top industry rankings and restoration of over 99% of storm-affected customers within 48 hours. ComEd filed a new multiyear grid plan in January 2026, now pending ICC review.
ComEd (NASDAQ: EXC) filed its second multi-year grid plan (MYGP) covering 2028–2031 with the Illinois Commerce Commission on January 17, 2026. The plan targets reliability, affordability, and clean-energy integration by adding capacity (including new substations), accelerating interconnection of renewables, expanding DERMS and fiber communications, and using analytics/AI for resilience. ComEd projects average residential electricity share of household income at 1.47% in 2028 and 1.56% in 2031, cites 1.4 GW of distributed solar (up from 1 GW in 2024), and estimates the MYGP would raise the average monthly residential bill by about $2.50–$3.00 annually starting in 2028. The ICC will review and decide by year-end 2026; a separate rate filing is planned for January 2027.
Exelon (Nasdaq: EXC) announced an additional $10 million contribution to its Customer Relief Fund on January 14, 2026, bringing Exelon’s direct customer assistance to $60 million over the past year. Funds will be shared across Exelon operating companies — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco — and administered by local nonprofits, with funding amounts, eligibility, and delivery tailored by service territory. Exelon said the contribution addresses short-term affordability needs as cold weather raises energy use and emphasized pushing for longer-term market reforms and utility-generated power to tackle supply and demand drivers of rising bills. Additional local grant details will be announced by the operating companies in coming weeks.
Exelon (Nasdaq: EXC) named Tim Peterson as executive vice president and chief customer and technology officer, effective in February, reporting to CEO Calvin Butler and joining the Executive Committee. Peterson will lead a newly aligned enterprise organization that merges customer strategy and experience with IT to support Exelon’s more than 10.7 million customers across six regulated utilities.
Peterson joins from Xcel Energy where he served as senior VP, CIO and CTO and led digital, grid modernization and customer/billing system initiatives; he holds an MBA and is CISSP-certified.
ComEd (NASDAQ: EXC) announced new Transmission Security Agreements (TSAs) to ensure large-load applicants pay their share of connection and transmission costs. The first eight TSAs cover a forecasted new load >6.5 GW and include revenue commitments that will prevent existing customers from bearing more than $2 billion in transmission charges over a 10-year period.
The TSAs require a 10-year “take or pay” collateral for projects of 50 MW or above and aim to reduce speculative projects; related retail tariff changes are pending an Illinois Commerce Commission decision expected early this year.
Exelon (Nasdaq: EXC) will announce fourth quarter 2025 results and hold an earnings conference call on Thursday, Feb. 12, 2026 at 9:00 a.m. CT / 10:00 a.m. ET.
The call will be led by President and CEO Calvin Butler and EVP & CFO Jeanne Jones. A live listen-only audio webcast will be available on Exelon's Investor Relations page and will be archived for replay.
Exelon serves more than 10.7 million customers across six regulated utilities (Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, Pepco) and has about 20,000 employees.
ComEd (NASDAQ: EXC) awarded a $500,000 EV charging rebate to bp pulse to fund site and infrastructure upgrades for a new public charging hub near O’Hare Airport that will add 40 ultrafast ports (mix of 400kW and 150kW DC fast chargers).
ComEd said the project is one of six partnerships with bp pulse, builds on nearly 9,500 chargers energized under its rebate programs since 2024, and is supported by Illinois EPA grants.
ComEd (NASDAQ: EXC) announced the livening of an expanded 765 kV Wilton Center substation in Will County, Illinois, a transmission upgrade built to enable the largest cluster of onshore wind and solar projects in Illinois to interconnect beginning in 2026. The expansion increases the substation yard by 50% to 1.5 million sq ft, adds 765 kV breakers and protection equipment, and includes a new detention pond holding 2.8 million gallons of stormwater.
The upgraded Wilton Center will support five wind farms and two solar farms with combined output of up to 2,450 MW. Construction reused about 80,000 tons of topsoil and 90,000 tons of on-site clay to reduce hauling; Burns & McDonnell served as engineer and Lindblad Construction led build efforts.
NextEra Energy Transmission and Exelon (EXC) were recommended by PJM Interconnection on Dec. 8, 2025, to deliver an approximately 220-mile 765-kV high-voltage transmission line serving Pennsylvania and parts of West Virginia.
The proposed bi-directional line would facilitate about 7 GW of power, reportedly transfer 2–3x more power than 500-kV lines, reduce transmission losses by 50%, and support regional investments including a $92 billion Pennsylvania power program and West Virginia initiatives. The PJM Board will cast a final vote in early 2026.