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) generates a steady flow of news as a Fortune 200 utility company and one of the nation’s largest providers of regulated transmission and distribution services. Through its six operating utilities—Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco—Exelon issues updates on customer programs, grid investments, financing activities and regulatory developments that affect more than 10.7 million customers.
News about EXC often covers customer affordability initiatives and assistance programs. Recent announcements include Exelon’s Customer Relief Fund, which has provided $60 million in direct customer assistance over the past year, and an additional $10 million contribution to support customers as winter weather increases energy use. ComEd has also highlighted the launch of a Low-Income Discount program designed to provide percentage-based bill reductions for income-eligible customers, as well as other bill-support and energy efficiency efforts.
Investors and observers can also find coverage of Exelon’s grid and transmission projects. ComEd has reported on new Transmission Security Agreements with large load customers to ensure they pay their fair share of transmission costs, as well as the expansion of the Wilton Center substation to enable the interconnection of multiple wind and solar farms. Exelon has additionally been identified with NextEra Energy Transmission in a proposed 765-kV transmission line project under PJM’s Regional Transmission Expansion Plan.
Other EXC news items include executive leadership changes, such as the appointment of a chief customer and technology officer, and capital markets activity, including the offering and pricing of convertible senior notes due 2029. The Exelon news page on Stock Titan aggregates these updates so readers can follow themes such as customer affordability, infrastructure investment, regulatory disclosures and financing decisions related to EXC.
ComEd (NASDAQ: EXC) and the Chicago Park District announced their 11th annual Switch on Summer festival, scheduled for May 10, 2025, at Grant Park. The free event will feature the ceremonial activation of the historic Buckingham Fountain, marking the unofficial start of summer in Chicago.
The festival, running from 11:30 a.m. to 1:00 p.m., will showcase performances from various groups including NAJWA Dance Corps and Cielito Lindo Family Mariachi. ComEd is offering Illinois residents a chance to enter a sweepstakes to switch on the fountain, with entries closing on April 18, 2025.
The event will also provide access to ComEd customer resources, including bill assistance information and energy efficiency programs. Additionally, it marks the launch of the Park District's 13th annual Night Out in the Parks series, which will bring entertainment to all 77 Chicago community areas across 250 parks.
Exelon (Nasdaq: EXC), the nation's largest utility company, has scheduled its first quarter 2025 earnings conference call for May 1, 2025, at 9:00 a.m. CT/10:00 a.m. ET. The presentation will be led by CEO Calvin Butler and CFO Jeanne Jones.
The Fortune 200 company serves over 10.7 million customers through six regulated transmission and distribution utilities: Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. With 20,000 employees, Exelon focuses on reliable and affordable energy delivery, workforce development, equity, economic development, and volunteerism.
ComEd, a unit of Exelon (NASDAQ: EXC), is urging customers to utilize available assistance and energy management programs to manage their electric bills as warmer weather approaches. The company has launched a new information website at ComEd.com/BillSupport to help customers navigate rising energy costs.
In 2024, ComEd has already helped connect approximately 74,000 customers to $26 million in bill-assistance options. This follows a successful 2023, where over 229,000 eligible customers received more than $133 million in financial assistance and support options - the highest since the pandemic.
Available support includes LIHEAP grants, 12-month payment arrangements, budget billing, deposit waivers, and energy-efficiency programs. The company has also conducted Powering Lives Resource Fairs across northern Illinois, successfully connecting more than 1,600 families to various support services.
ComEd, a unit of Exelon (NASDAQ: EXC), hosted its STEM Labs event in Chicago, where 50 high school students connected with over 25 ComEd professionals for mentoring and networking. The event, part of Women's History Month, featured a Women in STEM panel with senior executives and industry leaders.
The initiative aims to address the gender gap in STEM, where women constitute only 28% of professionals despite making up over half of college graduates. Since 2015, approximately 2,000 students have participated in ComEd STEM Labs, which is part of broader programs including Construct Youth Academy, Tools of the Trade, Future of Energy Scholarships, and After School Matters.
ComEd serves more than 4 million customers across northern Illinois, representing 70% of the state's population. The company is part of Exelon , which serves over 10.7 million electricity and natural gas customers nationwide.
Exelon (Nasdaq: EXC), the nation's largest utility company, has appointed David DeWalt to its Board of Directors, effective March 10, 2025. DeWalt, 60, is the founder and CEO of cybersecurity and venture capital firm NightDragon, and former leader of FireEye and McAfee.
As a global authority on technology, security and safety, DeWalt brings important cybersecurity expertise to Exelon, which serves 10.7 million customers through six regulated transmission and distribution utilities. His appointment aims to strengthen the company's technological infrastructure and security as it develops an intelligent grid system.
DeWalt has served on the National Security Telecommunications Advisory Committee for four administrations and currently serves on Delta Airlines' Board. He holds a Bachelor of Science in Computer Science and a Ph.D from the University of Delaware.
ComEd, a unit of Exelon (NASDAQ: EXC), reported significant achievements in its Voltage Optimization (VO) program, delivering approximately 100,000 MWh in energy savings to customers in the last year. This resulted in avoiding over 33,000 metric tons of carbon dioxide, equivalent to powering 11,500 customer homes annually.
The program, launched in 2018, has achieved total energy savings of more than 1 million MWh. In 2024, ComEd upgraded 31 additional substations, bringing the total to 284 stations operating under VO. The technology enables 2-3% annual energy savings for customers without requiring behavioral changes.
ComEd plans to complete activation on 400 substations by 2028, with projected annual energy savings exceeding 1,400 gigawatt hours, equivalent to powering 115,000 households. The company's Energy Efficiency Program, since 2008, has helped customers save over $10 billion on energy bills.
ComEd has announced a new partnership with Chicago Public Schools (CPS) and City Colleges of Chicago's Dawson Technical Institute to enhance the Early College STEM program at Chicago Military Academy (CMA). The initiative, dubbed 'Ignite Your Future,' includes a $100,000 investment from ComEd to expand career-readiness opportunities for students.
Starting Fall 2025, students can pursue an Associate in Applied Science Degree in Construction Management, followed by an Associate of Applied Science in Construction Engineering and Management launching in Spring 2026. The program aims to prepare students for engineering-focused careers in the energy sector, with projections indicating up to 150,000 jobs coming to Illinois by 2050.
ComEd's support includes curriculum development, work-based learning opportunities, and career mentorship through site visits, panel discussions, and project-based learning. This initiative builds on ComEd's existing support of CPS programs such as Chicago BUILDs, Skilled Trades fairs, and Driver's Education EV initiatives.
ComEd, a unit of Exelon (NASDAQ: EXC), hosted its STEM Labs event as part of Black History Month, engaging 50 local high school students from Chicagoland and northern Illinois. The program focused on teaching students about solar generation while building solar-powered battery chargers with ComEd mentors.
The initiative aims to address the underrepresentation of Black Americans in STEM fields, who make up 12% of the U.S. workforce but only 9% of STEM workers, with just 7% holding bachelor's degrees in STEM. Each participating student received a $250 scholarship upon program completion.
This program is part of ComEd's broader initiative to develop future STEM leaders and support clean energy goals. Other programs include Construct Youth Academy, Tools of the Trade, Future of Energy Scholarships, and After School Matters, all designed to increase STEM exposure among diverse student groups.
ComEd, a unit of Exelon (NASDAQ: EXC), has awarded scholarships to nine Chicago State University (CSU) students pursuing STEM-related degrees as part of its 2025 ComEd Scholars program. The initiative, entering its second year at CSU, provides financial assistance, mentorship from ComEd engineers, and potential internship opportunities at ComEd and Exelon.
The program expanded from four CSU scholars in 2024 to nine in 2025, with qualified students having above a 2.8 GPA in physics, engineering, computer science, finance, and accounting. To date, ComEd has awarded 90 scholarships across five educational institutions. The program is part of ComEd's broader workforce development initiatives, which engaged over 3,000 participants in 2024.
Exelon (EXC) reported strong Q4 and full-year 2024 results, with Q4 GAAP and adjusted earnings both at $0.64 per share, up from $0.62 and $0.60 respectively in Q4 2023. Full-year 2024 GAAP earnings reached $2.45 per share, while adjusted earnings were $2.50 per share.
The company introduced its 2025 adjusted earnings guidance of $2.64-$2.74 per share and declared a quarterly dividend of $0.40 per share. Exelon plans to invest $38 billion in capital expenditures over the next four years, a 10% increase from the previous plan, targeting 7.4% rate base growth and 5-7% operating EPS growth through 2028.
The company's financing plan includes $1.4 billion in additional equity to fund approximately 40% of $3.5 billion incremental capital expenditures. Nearly 90% of Exelon's rate base is now covered by established cost recovery mechanisms through 2026 or 2027, following final orders for various rate cases across its utilities.
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