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Walker-Miller Energy Services and ComEd Honored with Prestigious Industry Award for Energy Saving Kit Marketing and Portal Campaign
Prnewswire· 2026-02-03 18:30
"ComEd is dedicated to expanding access to programs that can reduce energy use in ways that help the environment, while reducing the energy burden for those who need it most," said Philip Roy, ComEd's Director of Clean Energy Solutions. "We're proud to be recognized for expanding the benefits of energy-efficient technology across northern Illinois so that all customers have access to energy-efficiency measures that can save them money and energy." ComEd's Energy Saving Kits, which have been offered to ComEd ...
ComEd and Walker-Miller Honored with Prestigious Industry Award for Energy Saving Kit Marketing and Portal Campaign
Businesswire· 2026-02-02 21:16
CHICAGO--(BUSINESS WIRE)--The Midwest Energy Efficiency Alliance (MEEA) announced that ComEd, along with Walker-Miller Energy Services, will receive an Inspiring Efficiency Marketing Award for ComEd's Energy Saving Kits portal and marketing program. This award was one of only nine to be presented at the Midwest Energy Solutions Conference in Chicago, Jan. 27-29. "MEEA is very proud to present the Inspiring Efficiency Marketing Award to ComEd and Walker-Miller Energy Services for reimagining customer engagem ...
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
Core Insights - ComEd made significant advancements in 2025 to meet the energy needs of over 9 million people in northern Illinois, focusing on renewable energy resources and customer financial assistance programs [1][3][4] Group 1: Reliability and Affordability - ComEd was ranked No. 1 in reliability among similar utilities in a 2025 benchmark study, receiving the ReliabilityOne award for Outstanding Reliability Performance [4] - The average residential electricity cost in ComEd's territory was 15.34 cents per kilowatt hour (kWh), remaining 22% below the national average [4] - ComEd connected over 220,000 customers to more than $108 million in financial assistance, including a $10 million Customer Relief Fund [4][5] Group 2: Infrastructure Investments - In 2025, ComEd replaced over 4,700 utility poles and reinforced over 8,400 poles to enhance grid resiliency [9] - ComEd announced a $1 billion multi-year capital investment for transmission upgrades to support economic growth and increase reliability [9] - The grid modernization plan approved by the Illinois Commerce Commission in 2024 created hundreds of new jobs in 2025 [9] Group 3: Renewable Energy and Energy Efficiency - ComEd interconnected over 1.4 GW of distributed energy resources (DER) through more than 2,000 commercial and 75,000 residential solar systems [9][13] - The Energy Efficiency Program surpassed $12 billion in total customer bill savings, providing over $300 million in rebates in 2025 [9] - ComEd funded over 4,000 heat pump installations and completed its 100,000th free energy assessment for small businesses [9] Group 4: Electric Vehicles and Community Engagement - ComEd launched the EV Ambassador program and has distributed over $150 million in EV rebates, with 80% going to low-income customers [10][12] - The company provided educational opportunities to over 350 students in 2025 and awarded $300,000 in scholarships to STEM students [11] - ComEd's community initiatives included nine Powering Lives Resource Fairs, connecting over 2,600 families to support services [11]
Earnings Preview: What To Expect From Exelon’s Report
Yahoo Finance· 2026-01-19 14:12
Core Viewpoint - Exelon Corporation is one of the largest utility companies in the U.S., with a market capitalization of $45.19 billion, focused on delivering reliable, clean, and affordable energy across six regulated utilities [1]. Financial Performance - Exelon is expected to report a profit decline of 18.8% year-over-year for the fourth quarter, projecting earnings of $0.52 per diluted share [2][3]. - For fiscal year 2025, profit is anticipated to grow by 8% annually to $2.70 per diluted share, followed by a 4.4% increase to $2.82 in fiscal 2026 [3]. - The company has a history of exceeding consensus estimates, having topped them in each of the last four quarters [3]. Stock Performance - Over the past 52 weeks, Exelon's stock has gained 13.7%, while it is up 4.4% over the past six months, underperforming compared to the S&P 500 Index, which gained 16.9% and 10.8% respectively [4]. - The stock has outperformed its sector over the past year but has underperformed over the past six months compared to the State Street Utilities Select Sector SPDR ETF, which increased by 10.2% and 5.8% over the same periods [4]. Recent Results - On November 4, Exelon reported third-quarter operating earnings of $6.71 billion, a 9% increase year-over-year, surpassing analyst expectations of $6.35 billion [5]. - The adjusted operating EPS for the quarter was $0.86, reflecting a 21.1% year-over-year increase and exceeding the estimate of $0.76 [5]. - Exelon expects to meet its full-year EPS guidance of $2.64 to $2.74 [5]. Analyst Ratings - Among 20 analysts covering Exelon, the consensus rating is "Moderate Buy," with an increase in bullish ratings from three months ago, now including eight "Strong Buy" ratings, up from seven [6]. - The ratings also include 10 "Holds" and two "Strong Sells" [6].
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]