Exelon launches ON for You campaign to address affordability

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Reviewed by
Riya DScanX News Team
Key Highlights

Exelon launched the ON for You campaign to address affordability and reliability, funded by shareholders. The Exelon Promise includes a $60 million relief fund and aims for $20 billion in savings via utility-generated power.

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Exelon launched its new "ON for You" advertising campaign this week to address rising energy supply costs and reliability concerns impacting families and small businesses. The campaign features real customers from Exelon’s operating companies, including Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco, sharing their experiences with affordability and reliable energy. Funded entirely by shareholders, the campaign is not charged to or recovered from customers through utility rates.

The initiative complements The Exelon Promise, a comprehensive effort to keep bills as low as possible through direct customer relief and advocacy for long-term solutions. Calvin Butler, President and CEO of Exelon, stated that the campaign underscores the company’s commitment to delivering safe, reliable energy while mitigating the financial burden on households.

The Exelon Promise

The Exelon Promise combines immediate customer relief with policy advocacy to address the drivers of rising energy costs. Key components of the initiative include:

  • Direct customer relief: Exelon launched a $60 million Customer Relief Fund in 2025, providing financial assistance to more than 100,000 low- and middle-income residents and small businesses.
  • Customer savings: Exelon’s operating companies are ranked among the nation’s most reliable utilities, saving customers more than $1 billion in avoided outages in 2025. Operational management saves customers approximately $580 million per year.
  • Innovative customer protections: Agreements with large power users, such as data centers, include Transmission Security Agreements (TSAs) to shield existing customers from unfair cost impacts.
  • Advocating long-term fixes: Exelon advocates for utility-generated power, which experts estimate could deliver up to $20 billion in customer savings in a single year while improving reliability.

Reliability and Supply Challenges

The campaign launch coincides with a summer of extreme heat and record electricity demand, highlighting the need for grid modernization and infrastructure investment. According to a Department of Energy report, significant transmission expansion is required to meet growing demand driven by AI, electrification, and economic growth. Exelon reports that 75% of increases on customer bills are driven by supply costs.

Featured stories in the campaign include Gerard, a BGE customer relying on reliable energy for communication, and Tracy, a ComEd customer concerned about higher bills. The campaign also highlights employees who began as Exelon STEM scholarship recipients, reinforcing the company’s investment in the workforce.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will Exelon measure the effectiveness of the 'ON for You' campaign in shifting public perception regarding bill affordability?

What specific long-term policy changes is Exelon targeting to address the supply costs that drive 75% of bill increases?

Will the $60 million Customer Relief Fund become a recurring annual budget item given the projected rise in energy demand?

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Exelon to announce second quarter 2026 results on July 30

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Reviewed by
Jubin VScanX News Team
Key Highlights

Exelon will announce its second quarter 2026 financial results on July 30, 2026, with a conference call led by CEO Calvin Butler and CFO Jeanne Jones. Investors can access the live webcast and replay via the Investor Relations page. Exelon serves almost 11 million customers through six regulated utilities.

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Exelon will announce its second quarter 2026 financial results on July 30, 2026. The earnings conference call is scheduled for 9:00 a.m. CT / 10:00 a.m. ET. The presentation will be led by Exelon President and CEO Calvin Butler and Executive Vice President and CFO Jeanne Jones.

Investors can access the live listen-only webcast through the company's Investor Relations page. The audio webcast will be archived and available for replay following the event.

Exelon is a Fortune 200 company and one of the nation’s largest utility companies. It serves almost 11 million customers through six fully regulated transmission and distribution utilities: Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco.

The company employs more than 20,000 people dedicated to reliable, affordable, and efficient energy delivery. Exelon's operations focus on supporting communities through workforce development, equity, economic development, and volunteerism.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What key financial metrics will investors be focusing on during the Q2 2026 earnings call?

How might Exelon's performance in Q2 2026 impact its stock price and investor sentiment?

What strategic initiatives or projects is Exelon likely to highlight during the conference call?

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