Articles from Exelon Corporation

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2024.

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.38 per share on Exelon’s common stock. The dividend is payable on December 13, 2024, to Exelon’s shareholders of record as of the close of business on November 11, 2024.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the second quarter of 2024.

Exelon (Nasdaq: EXC) announced that as of June 2024, the company has invested nearly $10 million in nine locally-owned businesses across Exelon’s service areas as part of the company’s Community Impact Capital Fund (CICF) initiative, with additional investments expected throughout the remainder of the year. Exelon launched the $36 million fund in partnership with the Exelon Foundation in 2022, to help businesses in under-resourced Exelon communities grow and prosper by expanding access to capital.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the first quarter of 2024.

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.38 per share on Exelon’s common stock. The dividend is payable on Friday, June 14, 2024, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Monday, May 13, 2024.

Three project teams led by Exelon (Nasdaq: EXC) engineers and innovators have been selected to receive Electric Power Research Institute’s (EPRI) 2024 Technology Transfer Awards. These prestigious awards recognize projects that have incorporated EPRI’s cutting-edge research to help accelerate the adoption of sustainable energy solutions.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2023.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2023.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the second quarter of 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, September 8, 2023, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Tuesday, August 15, 2023.

Startups whose products, services or technologies are focused on fighting climate change, and improving the quality of life for residents of the District of Columbia region and beyond, are encouraged to apply for an equity investment from 2c2i, a joint effort of the Exelon Foundation and Exelon Corporation (Nasdaq: EXC).

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 10 million customers. The award is the highest recognition given by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE).

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the first quarter of 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.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2022.

Exelon Corporation (Exelon) (Nasdaq: EXC) today announced that it has extended the expiration date for each of its offers to exchange any and all of its outstanding unregistered notes listed below that were originally issued in private offerings for equal principal amounts of new issues of notes registered under the Securities Act of 1933, as amended.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2022.

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3375 per share on Exelon’s common stock. The dividend is payable on Friday, December 9, 2022, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Tuesday, November 15, 2022.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the second quarter of 2022.

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3375 per share on Exelon’s common stock. The dividend is payable on Friday, September 9, 2022, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Monday, August 15, 2022.

Exelon Corporation (Nasdaq: EXC) today announced it has joined Climate READi, a three-year initiative launched by the Electric Power Research Institute (EPRI), aimed at addressing energy system climate resilience and adaptation as extreme weather events continue to increase.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the first quarter of 2022.

Exelon announced today that RockCreek, one of the world’s largest diverse-owned global investment firms, has opened applications for the $36 million Exelon-funded Racial Equity Capital Fund to support minority-owned businesses in Exelon’s service areas in Delaware, the District of Columbia, Maryland, Illinois, New Jersey and Pennsylvania.

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3375 per share on Exelon’s common stock. The dividend is payable on Friday, June 10, 2022, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Friday, May 13, 2022.

Across the six Exelon (Nasdaq: EXC) utilities in 2021, customers again experienced a year of historically strong electric service reliability as a result of the company's strategic investments in energy grid resiliency and modernization, coupled with a commitment to operational excellence and affordability. Exelon’s results emphasize the importance of hardening the grid against the effects of climate change to counter the trend of decreasing grid reliability identified in a recent Associated Press study.

Exelon Corporation (Nasdaq: EXC), the nation’s premier transmission and distribution utility company, and the Exelon Foundation have awarded a total of $1 million in Green Lab Grants to more than 20 education-focused organizations for investments in hands-on educational spaces where students can prepare for careers in science, technology, math and/or engineering (STEM).

Exelon Corporation (Nasdaq: EXC) is a member of a coalition of nine utility companies that argued before the U.S. Supreme Court today in West Virginia vs. EPA in favor of preserving the U.S. Environmental Protection Agency’s (EPA) authority to set standards to limit greenhouse gas pollution from power plants.

Exelon Corporation (Nasdaq: EXC) today urged Congress to fund the Low-Income Home Energy Assistance Program (LIHEAP) at the highest level possible. This increase would further help ensure home heating and cooling needs are met for more than 6 million American households struggling financially and challenged with paying their energy and other bills.

Exelon Corporation (Nasdaq: EXC) and the Exelon Foundation have committed $2.4 million in scholarships to 24 college freshmen selected for the company’s HBCU Corporate Scholars Program, launched in partnership with UNCF (United Negro College Fund) to provide scholarship assistance, internship experiences and early-career readiness training to students attending historically Black colleges and universities (HBCUs).

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3375 per share on Exelon’s common stock. The dividend is payable on Thursday, March 10, 2022, to Exelon’s shareholders of record as of 5 p.m. Eastern time on Friday, Feb. 25, 2022.

For the fifth consecutive year, Exelon has made the list of America’s Most JUST Companies by JUST Capital. The annual JUST 100 ranks the issues that matter most to the American public, including creating jobs in the U.S.; paying a fair, living wage; prioritizing accountability to all stakeholders; protecting worker health and safety; providing benefits; cultivating a diverse and inclusive workplace; producing sustainable products; and protecting customer privacy. Exelon ranked No. 11 of 954 companies on the overall 2022 list, moving up from No. 88 in 2021 and placing first among 38 companies in the Utilities industry.

Exelon Corp. (Nasdaq: EXC) will host an investor and analyst event today, January 10, beginning at 12:00 p.m. Central Time, 1:00 p.m. Eastern Time. Exelon management will outline how the company is positioned to deliver critical, innovative and affordable energy services to customers, while continuing to expand economic opportunity and promote equity in the communities it serves. In addition, Exelon management will detail the company’s strategic plans to drive growth and enhanced shareholder value as the nation’s largest utility company with more than 10 million customers at six regulated electric and gas utilities — Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO) and Potomac Electric Power Company (Pepco) — following the separation of its Constellation power generation and competitive energy business. The separation is expected to close on February 1.

Exelon Corp. (Nasdaq: EXC) today announced that it will host virtual investor and analyst events to highlight the post-separation business strategies for Exelon and Constellation.

Exelon Corporation was selected by the Center for Energy Workforce Development (CEWD) to receive its highest honor, the Chairman’s Award, which recognizes a company for excellence in workforce development leadership. The organization said it selected Exelon for its notable leadership in ensuring a skilled, diverse energy workforce, improving lives through its efforts, contributing to a stronger energy industry and strengthening the communities it serves.

Exelon Corporation was named to the Dow Jones Sustainability North America Index (DJSI) for the 16th consecutive year, once again earning recognition for its leadership in environmental policies, technological innovation and track record of local philanthropy and investments. The global survey evaluated 600 of the largest North American companies on a broad range of sustainability measures.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2021.

As the largest producer of clean energy in the nation and the largest utility company by customer count, Exelon has a long record of advocating for ambitious policies to address the urgent climate crisis. Following President Biden’s announcement of a Build Back Better framework and as COP26 commences in Glasgow, Chris Crane, president and CEO of Exelon, issued the following statement:

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3825 per share on Exelon’s common stock. The dividend is payable on Friday, Dec. 10, 2021, to shareholders of record of Exelon as of 5 p.m. Eastern time on Monday, Nov. 15, 2021.

Exelon Corp. (Nasdaq: EXC) today announced key leadership appointments as it prepares to separate into two companies in the first quarter of 2022. After the separation, the utility business will be named Exelon and the competitive energy business will be named Constellation.

Exelon’s utilities business, which owns six electric and gas utilities serving more than 10 million customers, announced today it has created a $36 million fund to support minority-owned businesses in the communities it serves. The launch of the Racial Equity Capital Fund will help minority businesses obtain capital to fuel growth and spur job opportunities in underserved and under-resourced communities often overlooked by investors and traditional funding sources. The capital fund is expected to invest in numerous businesses throughout Exelon’s service areas over the next three years with estimated loan amounts between $100,000 and $300,000 and equity investments of nearly $1 million.

Exelon today announced that its board of directors elected Carlos Gutierrez to join the board as a director. Gutierrez, 67, is a former U.S. Secretary of Commerce and the current CEO and executive chairman of EmPath, Inc., a SaaS technology platform that uses machine learning to identify employee skills for large organizations.

Exelon has partnered with UNCF (United Negro College Fund) to launch the Exelon HBCU Corporate Scholars Program, which will provide African American students with four years of scholarship assistance, opportunities for summer internships and early career readiness support to help prepare them for rewarding careers at Exelon and within the energy industry. The scholarships, valued at nearly $3 million, will provide 24 students with $100,000 each – or $25,000 per year for four years — and will be administered by UNCF. Students who reside in Delaware, Illinois, Maryland, New Jersey, Pennsylvania and Washington, D.C., are eligible to apply for the Exelon HBCU Corporate Scholars Program.

Exelon Corp. (Nasdaq: EXC) today announced the senior leadership of the transmission and distribution utility business and the competitive power generation and retail energy business that will result from the planned separation of the companies.

As part of its ongoing commitment to diversity, equity, and inclusion (DEI), Exelon named 38 companies to its 2021 DEI Honor Roll, which recognizes partners in banking, insurance, IT services, legal, professional services and investments for their efforts to include women and people of color in key roles on Exelon’s account teams, as well as additional efforts that recognize the value of DEI. Exelon continually improves its own diversity, equity and inclusion programs, and last year added two new categories, Investments and Legal, to the combined DEI Partnership Program, recognizing a broader scope of firms that support diversity in their day-to-day interactions with the company.

Exelon Utilities today announced it will reduce its operations-driven emissions 50 percent by 2030* and ultimately to net-zero by 2050 as part of its continuing efforts to address the climate crisis. A division of Exelon Corporation, Exelon Utilities is composed of Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and PEPCO. The six utilities deliver electricity and gas to more than 10 million customers across five states and the District of Columbia.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the second quarter of 2021.

Exelon spent $11.2 billion with diverse-certified suppliers across its enterprise from 2016-2020, while Exelon’s 2020 $2.7 billion spend alone supported 19,967 jobs and generated an incremental $3.6 billion in revenue and $1.1 billion in wages for local businesses in communities the company serves. These and other findings are included in the 2020 Exelon Diverse Business Empowerment (EDBE) Annual Report. The expenditures spanned the entire business, including Exelon’s six electric and gas utilities, Exelon Generation and Constellation.

Exelon today announced that its board of directors elected W. Paul Bowers to join the board as a director. Bowers, 64, recently retired from his position as chairman and chief executive officer of Georgia Power Company, having also served as president of the company from 2011 to 2020.

Exelon Generation, owner and operator of the Byron and Dresden nuclear energy facilities, will file Post Shutdown Decommissioning Activity Reports (PSDARs) today with the Nuclear Regulatory Commission, detailing long-term site restoration plans for both stations after they shut down this fall. The filings are among the final steps in retiring the plants, which face revenue shortfalls in the hundreds of millions of dollars due to low energy prices and market policies that give fossil fuel plants an unfair competitive advantage. Absent a legislative solution, these same market inequities will force the company to close its Braidwood and LaSalle nuclear facilities sometime in the next few years. Click here for a list of all the shutdown activities completed to date.

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3825 per share on Exelon’s common stock. The dividend is payable on Friday, September 10, 2021, to shareholders of record of Exelon as of 5 p.m. Eastern time on Friday, August 13, 2021.

The Exelon Foundation and Exelon Corp., the nation’s largest generator of carbon-free energy, today launched the Green Lab Grants program, which will provide grants of up to $50,000 each for public and private schools as well as nonprofit organizations that operate out-of-school programs serving Title I-eligible students, to invest in hands-on educational spaces where students can prepare for careers in science, technology, math and/or engineering (STEM). The grants, which will total $1 million annually, will be administered by the Museum of Science and Industry, Chicago, and will target organizations in communities where Exelon operates including Illinois, Delaware, Maryland, New Jersey, Pennsylvania and Washington, D.C..

At a time when the nation’s energy grid is increasingly challenged by extreme heat and storms, the four nuclear plants serving Chicago and northern Illinois are approaching a combined 41 years, or 15,000 consecutive days, of continuous service. The Dresden, Byron, Braidwood and LaSalle nuclear plants located outside the Chicago region provide more than two-thirds of the state’s carbon-free energy and are the only clean-energy resources that can operate around-the-clock, 365 days a year.

Exelon secured a #64 ranking on Just Capital’s list of the Top 100 U.S. Companies Supporting Healthy Families and Communities in part, for the company’s treatment of employees during the pandemic, providing additional childcare support and extending sick leave for employees with Covid or who needed to care for a sick family member; efforts to mitigate the impacts of climate change, including the launch of the Climate Change Investment Initiative (2c2i℠); efforts to protect the health and safety of employees by providing proper protective gear and sanitizer and encouraging remote work when possible, and more.

Today, the Exelon Foundation recognized 24 employees with its Powering Communities Employee Volunteer Award for overcoming challenges posed by the pandemic to complete hundreds of hours of volunteer work with local nonprofits in 2020. To recognize their incredible efforts, the Exelon Foundation will donate a total of $200,000 to the local nonprofits where the employees spend their off-hours powering a cleaner and brighter future.

The Exelon Foundation and Exelon Corp., the nation’s largest generator of carbon-free energy, have selected nine startups to receive funding to reduce greenhouse gas emissions and mitigate climate change as part of the company’s Climate Change Investment Initiative (2c2i). Now in its second year, the initiative demonstrates the Exelon Foundation’s commitment to support programs that benefit the environment, particularly those in underserved communities, which are disproportionately impacted by climate change. The 2c2i initiative adds to Exelon Corp.’s continuing goal to create a clean, next-generation energy grid, utilizing the innovative approach of impact investing to mitigate climate change.

Exelon’s ongoing commitment to diversity, equity and inclusion within the company and in the communities it serves secured the company’s 24th place ranking on DiversityInc’s list of the Top 50 Companies for Diversity and Inclusion. Exelon moved up five positions compared with 2020 due in large part to a continued focus on driving an inclusive culture and strengthening workforce development and investments in underserved communities, which were disproportionately impacted during the pandemic.

Exelon President and CEO Chris Crane surprised seven young women from the company’s STEM Academy Leadership program this week with news that Exelon will provide them with full-ride college scholarships.

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the first quarter of 2021.

The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3825 per share on Exelon’s common stock. The dividend is payable on Thursday, June 10, 2021, to shareholders of record of Exelon as of 5 p.m. Eastern time on Friday, May 14, 2021.