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CHICAGO, May 26, 2023--Building on the award-winning ComEd Energy Efficiency Program, which saved customers $176 million on their electric bills in 2022, ComEd today filed a request with the Illinois Commerce Commission (ICC), which regulates the state’s public utilities, to expand energy efficiency investments in support of the Climate and Equitable Jobs Act (CEJA). The filing proposes an increase of $119 million compared to ICC-approved rates that went in effect in January of this year.
Exelon's (EXC) systematic capital expenditures and revenue decoupling are likely to have a positive impact on earnings and revenues. However, compliance with changing regulations is a concern.
CHICAGO, May 24, 2023--As the May 31 application deadline approaches for the Low-Income Home Energy Assistance Program (LIHEAP), a federal program that helps families with energy costs, ComEd encourages eligible Illinois families and individuals to apply now while funding is available.
EDPFY vs. EXC: Which Stock Is the Better Value Option?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
CHICAGO, May 15, 2023--During the first quarter of 2023, ComEd helped connect more than 87,000 eligible customers to more than $26 million in bill assistance. This is both the largest amount of assistance provided – and second-largest number of customers supported – for any first quarter dating back to at least 2019. In all of 2022, ComEd connected 211,000 eligible customers to nearly $129 million in assistance.
CHICAGO, May 10, 2023--Exelon’s (Nasdaq: EXC) energy delivery companies, Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), ComEd, Delmarva Power (DPL), Philadelphia Energy Company (PECO) and Potomac Electric Power Company (Pepco), were each recognized with the ENERGY STAR® Partner of the Year Award, for the significant impact their energy efficiency programs are having in helping reduce greenhouse gas emissions and provide millions of dollars in savings for the company’s more than
CHICAGO, May 04, 2023--With severe weather showing up early and often, and high summer temperatures placing more stress on the electric grid, ComEd has taken steps to ensure reliable energy for the 9 million people it serves in northern Illinois. Earlier today, ComEd presented its summer readiness plan and a look at its future work to the Illinois Commerce Commission (ICC).
Exelon's (EXC) first-quarter earnings and revenues are better than expected. EXC will make substantial investments to strengthen its Transmission & Distribution infrastructure.
Exelon (EXC) delivered earnings and revenue surprises of 6.06% and 0.81%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
CHICAGO, May 03, 2023--Exelon Corporation (Nasdaq: EXC) today reported its financial results for the first quarter of 2023.
CHICAGO, May 01, 2023--ComEd today submitted its 2023 Ethics and Compliance Report to state utility regulators at the Illinois Commerce Commission (ICC). The new report details actions taken by ComEd over the past year to ensure its 6,300 employees, as well as contractors, continue to follow the highest standards for ethical conduct, including compliance with all relevant laws and regulations.
Exelon Corporation ( NASDAQ:EXC ) has announced that it will be increasing its dividend from last year's comparable...
CHICAGO, April 28, 2023--Whether it’s helping people whose homes have been destroyed, children who need food or underserved areas that could benefit from new biking and walking trails, Exelon (Nasdaq: EXC) employees are dedicated to making a positive difference in their communities. In 2022 alone, volunteers gave 126,529 hours of their time to local nonprofits.
Exelon's (EXC) first-quarter 2023 results are expected to benefit from the implementation of new electric and gas rates.
CHICAGO, April 28, 2023--Community members and corporate and workforce partners joined ComEd today for a graduation ceremony celebrating the newest cohort to complete the CONSTRUCT Infrastructure Academy and Craft Academy job training programs. Today, more than 80 local residents graduated from these programs, which develop a skilled and diverse talent pipeline to support the clean energy transition in Illinois.
PG&E (PCG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHICAGO, April 26, 2023--Exelon (Nasdaq: EXC) today marked a milestone in the company’s efforts leading the energy transformation, finalizing its applications to bring federal funds through the bipartisan Infrastructure Investment and Jobs Act (IIJA) to the communities the company serves. The opportunities put forth through the Department of Energy’s (DOE) Smart Grid and Grid Resilience Grants will significantly improve grid resilience and readiness for clean energy infrastructure.
Exelon (EXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ATLANTIC CITY, N.J., April 25, 2023--The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.36 per share on Exelon’s common stock. The dividend is payable on Friday, June 9, 2023, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Monday, May 15, 2023.
CHICAGO, April 25, 2023--To help ensure that critical infrastructure is protected and operations can be restored quickly when severe weather or other catastrophic events occur, ComEd has organized its fifth statewide drill—the only event of its kind led by an electric company in the U.S.—called "Operation Power Play." The two-day event will bring together public and private agencies in Illinois to increase collaboration and test coordinated response efforts to significant weather, security and s
CHICAGO, April 20, 2023--For Downers Grove Grade School District 58, a recent assessment of 12 of its school facility buildings uncovered a plan that can reduce the district’s carbon footprint by cutting electricity use by 34 percent, while saving nearly $40,000 a year in energy costs.
STREATOR, Ill., April 20, 2023--ComEd and Summit Ridge Energy today announced the completion of three community solar projects in Streator, Ill., including the 80th Community Solar project in ComEd’s northern Illinois service region. The projects will enable residents to save money on their ComEd electric bills while supporting the expansion of renewable energy and Illinois’ ambitious clean energy goals.
CHICAGO, April 19, 2023--ComEd industrial and commercial customers, as well as schools and churches, have received a total of $100 million in rebates from the electric company for rooftop solar installations, including the St. Paul Lutheran Church and School in the Norwood Park neighborhood, which was presented today with a rebate check for $27,580.70. Established in 2019, ComEd’s distributed generation (DG) rebate program reduces the upfront costs of installing solar systems and spurs renewable
CHICAGO, April 18, 2023--Twenty-five 5th-grade students of James R. Doolittle Elementary School are the latest to receive hands-on learning about the intricacies of electricity as part of ComEd’s Power of STEM education course.