Core Insights - Exelon Corporation (EXC) is a utility services holding company with a market cap of $44.4 billion, focusing on electricity and natural gas distribution and transmission [1] - The company serves a diverse clientele, including residential, commercial, industrial, governmental, public authority, and transportation sectors [2] Stock Performance - Exelon shares have declined 9.5% from their 52-week high of $48.51, while the stock has risen 1.3% over the past three months, underperforming the Nasdaq Composite's 8.3% return [3] - Year-to-date, Exelon stock is up 16.7%, lagging behind the Nasdaq's 21.7% surge, and has increased 16% over the past 52 weeks compared to the Nasdaq's 19.1% gain [4] Financial Results - On November 4, Exelon reported strong Q3 2025 results, with GAAP and adjusted operating earnings increasing to $0.86 per share from $0.70 and $0.71 per share in Q3 2024, respectively [5] - The company reaffirmed its full-year 2025 adjusted EPS guidance of $2.64 - $2.74 and a long-term operating EPS growth target of 5% - 7% through 2028 [5] Analyst Outlook - Despite underperforming relative to the Nasdaq, analysts maintain a moderately optimistic view on Exelon, with a consensus rating of "Moderate Buy" from 19 analysts and a mean price target of $50, representing a 13.9% premium to current levels [6]

Core Viewpoint - ComEd is launching a Low-Income Discount (LID) program on January 1, 2026, aimed at providing financial relief to income-eligible customers facing rising energy costs [1][2][3] Group 1: Program Details - The LID program is designed to offer percentage-based discounts on monthly electric bills, with discounts divided into five tiers to maximize savings for those in greatest need [3] - The program aims to reduce the energy burden for eligible customers to 3-6% of their household income [3] - Customers with incomes up to 300% of the Federal Poverty Level can participate, even if they do not qualify for LIHEAP [6] Group 2: Customer Support and Enrollment - Customers can be pre-approved for LID by applying for state energy assistance programs like LIHEAP and PIPP through local action agencies [4][5] - Upon qualifying, customers will receive the LID for up to 24 months without needing to reapply [7] - Starting January 1, 2026, customers can self-enroll through ComEd's Smart Assistance Manager tool [6] Group 3: Context and Impact - The launch of the LID program comes in response to a 15% increase in energy costs for the average residential customer [2] - ComEd has previously launched a $10 million Customer Relief Fund to support over 30,000 customers with past-due balances [10] - Since 2008, ComEd has helped customers save over $12 billion through its Energy Efficiency Program [11]

Core Viewpoint - Exelon Corporation has announced the pricing of its offering of $900 million in 3.25% convertible senior notes due 2029, indicating a strategic move to raise capital through a private placement under the Securities Act of 1933 [1] Group 1 - The total principal amount of the convertible senior notes being offered is $900 million [1] - The notes have a fixed interest rate of 3.25% and are set to mature in 2029 [1] - Exelon has provided initial purchasers of the convertible notes with an option to purchase additional notes within a 13-day period from the issuance date [1]

Core Viewpoint - Exelon Corporation plans to offer $900 million of convertible senior notes due 2029, with an option for initial purchasers to buy an additional $100 million within 13 days of issuance [1][2]. Group 1: Offering Details - The offering will be conducted as a private placement under the Securities Act of 1933 [1]. - The convertible notes will be senior unsecured obligations and convertible at the holders' option under certain conditions [3]. - Interest on the notes will be paid semiannually, and conversions will be settled in cash or common stock at Exelon's discretion [3]. Group 2: Use of Proceeds - Net proceeds from the offering will be used for debt repayment, refinancing, or general corporate purposes [2]. Group 3: Regulatory and Legal Considerations - The offering is targeted at qualified institutional buyers under Rule 144A, and the notes will not be registered under the Securities Act [4]. - The press release clarifies that it does not constitute an offer to sell or solicit an offer to buy the securities [5].

Core Points - Exelon Corporation is involved in a derivative litigation case in the United States District Court for the Northern District of Illinois, Eastern Division [1] - The case number is 21-cv-03611, presided over by Hon. John Robert Blakey [1] - A summary notice of proposed settlement has been issued to all record holders and beneficial owners of Exelon common stock as of June 9, 2023 [1] Company Information - The notice emphasizes the importance of reading the document carefully as it will affect the rights of the shareholders [1]

Core Insights - ComEd has been awarded the 2025 Community Partner Award by the Center for Energy Workforce Development for its innovative workforce programming aimed at local job seekers [1][2] - The Power Up Academy program, launched in 2023, addresses the shortage of technical talent in Illinois's energy sector by preparing adult learners for entry-level technical roles without requiring a college degree [3][4] Workforce Development Initiatives - Power Up Academy is a 14-week program that combines hands-on training in AutoCAD, electrical concepts, and project management with real-world scenarios and employer-led instruction [3] - The program is operated in partnership with Revolution Workshop, a nonprofit focused on workforce training, and has expanded to include 10 local engineering firms and educational institutions for accreditation [4][6] - ComEd's workforce training programs collectively reach 1,000 local job seekers each year, covering various roles from construction to energy efficiency and solar [6] Community Impact - The collaboration between ComEd and local organizations aims to create pathways for underserved individuals to achieve economic mobility and secure family-sustaining wages [5][6] - The Power Up Academy is recognized as the only program in Chicago providing a pathway into entry-level design and construction management positions within the utility sector without a college degree [4]

Group 1 - Exelon Corporation (NASDAQ:EXC) is recognized as one of the 14 Best Utility Dividend Stocks to Buy Now [1] - Exelon serves over 10.7 million customers through six fully regulated transmission and distribution utilities [2] - Morgan Stanley analyst David Arcaro reduced the price target for Exelon from $53 to $52 while maintaining an 'Equal Weight' rating, citing the utilities sector's underperformance compared to the overall market [3] Group 2 - Exelon reported better-than-expected third-quarter results, surpassing estimates in both profits and revenue, attributed to warmer weather and a mild storm season [4] - The company reaffirmed its operating earnings guidance for FY 2025 at $2.64 to $2.74 per share and targets an annualized operating earnings growth rate of 5% to 7% through 2028 [4]

Core Points - Northern Illinois energy providers, including ComEd, Nicor Gas, Peoples Gas, and North Shore Gas, are collaborating with the Better Business Bureau (BBB) to raise awareness about utility scams on Utility Scam Awareness Day [1][2] - The initiative "Slow Down, Verify, Stop the Scam" aims to educate customers on how to protect themselves from fraudulent activities [2][4] Group 1: Scam Awareness and Prevention - The "Slow Down, Verify, Stop the Scam" framework encourages customers to take a moment to confirm suspicious requests before acting [3][4] - Scammers often use threats or urgency to pressure customers into making immediate payments [3][5] - Customers are advised that legitimate utility representatives will never pressure them for immediate payments or ask for personal information like Social Security numbers [5][13] Group 2: Identification of Scam Attempts - Utility companies will always provide identification and wear logoed uniforms when visiting homes or businesses [6] - Customers should verify the legitimacy of phone calls by asking the caller to confirm information only they would know [6][7] - If in doubt, customers are encouraged to hang up or shut the door and contact the utility company using trusted sources [7] Group 3: Role of the Better Business Bureau - The BBB emphasizes the importance of consumer education as the first line of defense against scams [4] - The partnership with energy providers aims to empower consumers to recognize red flags and take appropriate action [4]

Core Insights - ComEd has provided a $930,000 electric vehicle (EV) rebate to West Aurora School District 129 to support the electrification of its school bus fleet [1] - The school district, in collaboration with Highland Electric Fleets and Blue Bird, has introduced 27 EV school buses and 28 EV chargers [1] - This initiative positions the district as one of the largest electric school bus fleets in ComEd's northern Illinois service area [1]

Core Insights - The utilities sector is currently the third best performing sector, driven by the increasing energy demand from AI technologies [1] - There is a significant supply-demand imbalance in the energy market, particularly in the PJM marketplace, which could lead to power shortages in the coming years [4][6] - The governors of states within the PJM region are collaborating to address the energy supply issues and affordability challenges faced by consumers [7] Supply-Demand Imbalance - The energy demand has surged to levels not seen in the last 30 to 40 years, while the regulatory framework has remained unchanged for the past 50 years [4] - Vertically integrated utilities are managing the demand effectively, but non-generating utilities are struggling to meet the increased demand, leading to affordability issues for customers [5] Proposed Solutions - There is a call for utilities to re-enter the generation business to ensure better control and clarity over energy supply [11] - Alternative energy solutions such as combined cycle gas turbines, community solar, and battery storage are suggested to enhance energy supply [12] - A sense of urgency is needed to address the potential crisis in energy supply before it escalates [14]