Major U.S. electric utility Exelon plans to step up its push to own power plants in its Mid-Atlantic service area next year, where electricity bills are spiking in the face of rising demand and new supplies are slow to be added, CEO Calvin Butler told Reuters this week.
CHICAGO--(BUSINESS WIRE)--ComEd and the League of Chicago Theatres are proud to announce the latest recipients of the Powering the Arts Grant Program, launching projects focused on cultural embracement and access to arts programs in 21 communities across northern Illinois. This latest cohort of grants reflects a long-standing partnership between ComEd and League of Chicago Theatres to sponsor g...
CHICAGO--(BUSINESS WIRE)--ComEd is again named a national leader when it comes to boosting jobs and investments across northern Illinois, based on the latest recognition by Site Selection Magazine. Today, the publication released its annual Top Utilities in Economic Development, recognizing ComEd for its nation-leading grid and daily economic development work that position the region for econom...
CHICAGO--(BUSINESS WIRE)--ComEd today announced that its industry-leading Energy Efficiency (EE) Program has helped customers save more than $12 billion on their energy bills since its launch in 2008. This achievement reflects the dedication of partners, customers and communities working together to build a cleaner, more efficient energy future. The milestone was celebrated at Fox Ridge Apartme...
CHICAGO--(BUSINESS WIRE)--As northern Illinois continues to experience hotter-than-normal summer temperatures, ComEd encourages customers to explore the wide range of programs it offers to help with past-due balances, as well as offerings that can help them manage energy use to save money on future bills. Increased usage this summer and the end of the Low-Income Home Energy Assistance Program (...
CHICAGO--(BUSINESS WIRE)--In their longstanding collaboration to create sustainable communities and maintain natural environments, ComEd and Openlands announced the 18 grant recipients of the 2025 Green Region Grant Program. This year, grants of up to $10,000 each, totaling over $150,000, were awarded to support preservation projects, expand habitats, combat climate change and create environmen...
CHICAGO--(BUSINESS WIRE)--Following two rounds of storms that both included high winds of up to 70 mph across all of northern Illinois Saturday and Sunday, ComEd crews have restored power to more than 80 percent of impacted customers. Some of the hardest hit areas from this afternoon's storms included Crystal Lake, DeKalb, Joliet, Mount Prospect, Rockford, and Skokie. Approximately 40,000 custo...
Exelon is a 'pick and shovel' AI enabler, benefiting from surging electricity demand from data centers and digital infrastructure. EXC offers a compelling mix of income and growth, with a 3.5% yield, 5-7% annual EPS growth, and a forward PE under 17. EXC has strong regulatory support, robust credit, and rising transmission investments driven by data center activity.
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