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Exelon Corporation, headquartered in Chicago, is one of the largest energy providers in the United States. Formed in 2000 through the merger of PECO Energy Company and Unicom Corporation, Exelon has grown its operations to encompass both energy generation and regulated utility services. The company’s integrated structure allows it to address the full spectrum of energy needs, from power production to delivery and customer engagement.
Through its competitive energy supply business, now operating under the Constellation brand, Exelon maintains a diverse generation portfolio that includes nuclear, natural gas, hydroelectric and renewable energy sources. The company is especially notable for its nuclear fleet, which stands among the nation’s largest in terms of capacity and output. This generation mix supports Exelon’s commitment to low-carbon energy production and positions the company to play a central role in advancing sustainable electricity markets.
On the distribution side, Exelon serves millions of residential, commercial and industrial customers across six regulated utility subsidiaries: Commonwealth Edison in Illinois, PECO Energy in Pennsylvania, Baltimore Gas and Electric in Maryland, Delmarva Power & Light in Delaware and Maryland, Atlantic City Electric in New Jersey, and Pepco in the District of Columbia and Maryland. These utilities manage the transmission and delivery infrastructure that ensures reliable power and natural gas service, investing in grid modernization and customer service innovations to enhance system resilience.
Under the leadership of President and Chief Executive Officer Christopher M. Crane, Exelon continues to pursue strategic initiatives aimed at decarbonizing the energy sector, improving grid reliability and expanding customer-focused offerings. The company engages with regulators, policymakers and community stakeholders to support clean energy legislation and to develop programs that foster economic growth in the regions it serves. Exelon’s integrated model and focus on innovation underscore its role as a leading player in the evolving U.S. energy landscape.
JPMorgan’s second-quarter profit fell to $15 billion in second quarter, but the New York bank beat Wall Street expectations. CEO Jamie Dimon on Tuesday touted another strong performance by the bank, particularly its markets division, where revenue rose by 15% to $8.9 billion.JPMorgan earned an adjus...
U.S. stock indexes hung near their records on Monday following President Donald Trump’s latest updates to his tariffs, as speculation continues on Wall Street that he may ultimately back down on them. The S&P 500 edged up by 0.1% to pull within 0.2% of its all-time high set on Thursday. The Dow ...
The developer of what would be the first new coal mine in Wyoming in decades is launching a potentially half-billion-dollar effort to extract rare earth metals from the fossil fuel that are crucial for tech products and military hardware.Energy Secretary Chris Wright, Wyoming Gov. Mark Gordon, and W...
Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the United States despite U.S. President Donald Trump saying he'll raise taxes on many imported goods from Canada to 35%