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ComEd Reminds Income-Eligible Customers to Take Advantage of Latest Program Designed to Provide Bill Relief
Businesswire· 2026-01-30 19:47
ComEd Reminds Income-Eligible Customers to Take Advantage of Latest Program Designed to Provide Bill ReliefJan 30, 2026 2:47 PM Eastern Standard Time# ComEd Reminds Income-Eligible Customers to Take Advantage of Latest Program Designed to Provide Bill ReliefShare---240,000 low- to moderate-income customers enrolled in new Low-Income Discount programROCKFORD, Ill.--([BUSINESS WIRE])--ComEd today joined Rockford leaders and community partners to highlight the availability and benefits of the newly launched [L ...
Exelon (EXC) Downgraded to ‘Peer Perform’ at Wolfe Research
Yahoo Finance· 2026-01-29 15:44
Exelon Corporation (NASDAQ:EXC) is included among the 10 High Yield Utility Stocks to Buy in 2026. Exelon (EXC) Downgraded to 'Peer Perform' at Wolfe Research Exelon Corporation (NASDAQ:EXC) is one of the country’s largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities. On January 27, Wolfe Research downgraded Exelon Corporation (NASDAQ:EXC) from ‘Outperform’ to ‘Peer Perform’, without assigning the stock a price target. Th ...
ComEd Keeps Power Affordable and Reliable for Customers, While Delivering Clean Energy Advancements in 2025
Businesswire· 2026-01-27 18:05
ComEd was ranked No. 1 in providing reliable electric service to customers, compared to similar utilities, in a 2025 benchmark study. ComEd received the 2025 ReliabilityOne award for Outstanding Reliability Performance in the Midwest Metropolitan Service Area and the Technology and Innovation award from PA Consulting. Following investments in smart grid infrastructure, ComEd is delivering recordsetting reliability across the communities it serves, with the fastest restoration performance in ComEd's history. ...
Earnings Preview: What To Expect From Exelon’s Report
Yahoo Finance· 2026-01-19 14:12
Exelon Corporation (EXC), headquartered in Chicago, Illinois, stands as one of the nation's largest utility companies, serving millions of customers across six regulated utilities. These include Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Focused on transmission and distribution, Exelon delivers reliable, clean, and affordable energy. The company has a market capitalization of $45.19 billion. Exelon is set to report its fourth-quarter results on Feb. 12, before the market opens. ...
ComEd Files Four-Year Grid Plan to Sustain Reliability, Maintain Affordability and Adapt to Rising Energy Demands
Businesswire· 2026-01-17 02:15
Core Insights - ComEd has presented its second multi-year grid plan (MYGP) for 2028-2031, focusing on critical investments to enhance grid reliability and address rising energy demands amid extreme weather challenges [1][2] Investment and Economic Growth - The new grid plan aims to ensure reliable energy delivery and affordable rates while supporting Illinois' clean energy and economic development goals, as outlined in the Illinois Climate and Equitable Jobs Act (CEJA) and the Clean and Reliable Grid Affordability Act (CRGA) [2] - The plan includes targeted investments to accommodate the energy needs of new commercial projects, which last year represented over $13 billion in planned investment and approximately 2,200 new jobs in the ComEd region [2] Long-Range Strategy - ComEd's Long-Range Strategy (LRS) underpins the MYGP, focusing on growth driven by large load projects, electrification, and severe weather resilience [3] Features of the MYGP - The 2028-2031 MYGP builds on previous investments and addresses current challenges with cost-effective solutions [4] - The plan includes investments to meet unprecedented load growth, facilitate new customer connections, and increase energy capacity at over 70 substations [6] - It aims to accelerate renewable energy growth through infrastructure investments that simplify solar and wind interconnections, with over 1.4 gigawatts (GW) of distributed solar generation currently connected [6] - Investments will support the clean energy transition by developing residential and commercial solar projects, battery storage, and advanced grid management technologies [6] Affordability and Customer Impact - ComEd evaluates affordability to ensure that total home energy costs do not exceed 3% of average household income for non-electric space heat customers or 6% for space heat customers, as approved by the ICC [7] - Projections indicate that the average residential customer will spend 1.47% of their household income on electricity in 2028, increasing to 1.56% by 2031 [7] Competitive Rates - ComEd's electric rates are among the most competitive in the nation, with average residential rates at 15.34 cents per kilowatt hour (kWh), which is 22% below the average in the Top 20 Metropolitan markets [8] Financial Assistance Programs - In 2025, ComEd provided $108 million in assistance to 220,000 customers, including a Customer Relief Fund of $10 million [9] - The company plans to return over $803 million to customers from nuclear plants and has achieved $12 billion in savings for customers through its energy assistance program [9] Regulatory Process - The Illinois Commerce Commission (ICC) will decide on ComEd's MYGP by the end of the year after an 11-month review process [10] - The plan estimates an increase of about $2.50 to $3.00 in the average monthly residential customer bill starting in 2028, with similar adjustments in subsequent years [10] Company Overview - ComEd is a unit of Exelon Corporation, serving over 10.7 million electricity and natural gas customers, making it the largest utility in the U.S. [11]
ComEd Offering $515,000 in Grants to Support Community Programs Across Northern Illinois
Businesswire· 2026-01-12 18:50
Core Insights - ComEd is accepting grant applications for three of its Power for Good Grant Programs, with a total funding of $515,000 available for municipalities and nonprofit organizations [1] Funding Details - The funding aims to strengthen environmental sustainability efforts, advance public safety and clean transportation projects, and broaden access to arts programs [1] Grant Programs - The three Power for Good grant programs include Green Region, which is administered by Openlands, and Powering Safe [1]
A Look Into Exelon Inc's Price Over Earnings - Exelon (NASDAQ:EXC)
Benzinga· 2026-01-09 20:00
Core Viewpoint - Exelon Inc. shares are currently trading at $43.34, reflecting a 0.24% decrease, with a 0.52% decline over the past month but a 15.40% increase over the past year, indicating a disparity between short-term and long-term performance [1] Group 1: P/E Ratio Analysis - The P/E ratio is a critical metric for long-term investors, comparing the current share price to the company's earnings per share (EPS), and is used to assess performance against historical data and industry benchmarks [3] - Exelon Inc. has a P/E ratio of 15.57, which is lower than the Electric Utilities industry average of 19.4, suggesting that the stock may be undervalued or expected to perform worse than peers [4] - A low P/E ratio can indicate undervaluation but may also reflect weak growth prospects or financial instability, emphasizing the need for a comprehensive analysis of financial health [6]
Exelon Names Tim Peterson Chief Customer and Technology Officer
Businesswire· 2026-01-08 15:15
Core Insights - Exelon has appointed Tim Peterson as executive vice president and chief customer and technology officer, effective February [1][2] - Peterson will lead a newly aligned organization that integrates customer strategy and information technology functions to enhance service for Exelon's 10.7 million customers [2][6] Company Overview - Exelon is a Fortune 200 company and one of the largest utility companies in the U.S., serving over 10.7 million customers through six regulated utilities [6] - The company employs approximately 20,000 individuals focused on reliable and efficient energy delivery, workforce development, and community support [6] Leadership Background - Tim Peterson previously served as senior vice president, chief information officer, and chief technology officer at Xcel Energy, which serves nearly six million customers [3] - At Xcel, he led significant digital and IT transformation initiatives, including grid modernization and upgrades to customer and billing systems [3][4] - Peterson holds an MBA from the University of Minnesota and a BBA from the University of Wisconsin, and is a Certified Information Systems Security Professional (CISSP) [5]
Exelon’s Regulated Model Delivers Predictable Growth in a Volatile Market
Investing· 2026-01-07 09:38
Group 1 - The article provides a market analysis focusing on three major energy companies: Xcel Energy Inc, Exelon Corporation, and Entergy Corporation [1] - It highlights the performance trends and financial metrics of these companies, indicating their positions within the energy sector [1] - The analysis includes insights into market conditions affecting these companies, such as regulatory changes and shifts in energy demand [1] Group 2 - Xcel Energy Inc is noted for its commitment to renewable energy sources and its strategic investments in clean technology [1] - Exelon Corporation's financial performance is discussed, emphasizing its role as a leader in nuclear energy generation [1] - Entergy Corporation's operational efficiency and its focus on improving customer service are highlighted as key factors in its market strategy [1]
ComEd Announces New Agreements Signed to Ensure Large Load Customers Pay their Fair Share to Connect with and Use the Grid
Businesswire· 2026-01-06 17:53
Core Viewpoint - ComEd has introduced new Transmission Security Agreements (TSAs) aimed at protecting customers and ensuring equitable cost distribution for new large load projects connecting to the grid [1] Group 1: Transmission Security Agreements (TSAs) - The TSAs are designed to safeguard existing customers from the financial burden of serving new large load projects [1] - These agreements ensure that new projects contribute their fair share of costs, even if they do not fully materialize [1]