-

Exelon statement on President Biden’s signing of the Inflation Reduction Act

CHICAGO--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) released the following statement on President Biden’s signing of the Inflation Reduction Act:

"Exelon continues to make substantial investments in the clean energy transition with a focus on innovative solutions that drive the safe, reliable, resilient, affordable energy delivery our customers expect and our communities deserve. The Inflation Reduction Act will provide historically significant new resources for our industry, customers, and other stakeholders to leverage in the pursuit of a cleaner grid. We commend Congress and President Biden for aligning on a promising path toward a clean energy future for our country."

About Exelon

Exelon (Nasdaq: EXC) is a Fortune 200 company and the nation’s largest utility company, serving more than 10 million customers through six fully regulated transmission and distribution 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). More than 18,000 Exelon employees dedicate their time and expertise to supporting our communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow Exelon on Twitter @Exelon.

Contacts

Nick Alexopulos
Corporate Communications
nicholas.alexopulos@exeloncorp.com

Industry:

Exelon

NASDAQ:EXC
Details
Headquarters: Chicago, IL
CEO: Calvin Butler
Employees: 20000
Organization: PUB
Release Summary
Exelon statement on President Biden’s signing of the Inflation Reduction Act.
Release Versions
English
$Cashtags
$EXC

Contacts

Nick Alexopulos
Corporate Communications
nicholas.alexopulos@exeloncorp.com

Social Media Profiles
Exelon on LinkedIn
Exelon on Twitter
More News From Exelon

Exelon Announces Key Leadership Position Changes

CHICAGO--(BUSINESS WIRE)--Exelon Corporation today announced several key executive leadership position changes as the company continues its commitment to creating long-term value for customers, shareholders, and communities: Mike Innocenzo, Chief Operating Officer of Exelon Corporation and Interim President and CEO of PECO will depart the company in 2027. Jeanne Jones, Chief Financial Officer of Exelon Corporation, will assume the role of Executive Vice President of Finance and Strategy, and re...

Exelon Adds Public Grid and Buckstop to 2c2i Portfolio, Advancing Affordable and Sustainable Energy Solutions

CHICAGO--(BUSINESS WIRE)--The Exelon Foundation has added two new companies to its Climate Change Investment Initiative (2c2i) portfolio: Public Grid and Buckstop. The investments reflect Exelon's commitment to supporting solutions that improve affordability, make better use of resources and contribute to a more reliable and sustainable energy future. As electricity demand continues to grow, keeping energy affordable will require innovation across the energy sector. Public Grid is helping conne...

Exelon Secures More Than $1 Billion in Customer Protections Through Pioneering Transmission Security Agreements

CHICAGO--(BUSINESS WIRE)--Exelon has secured more than $1 billion in customer protections through pioneering Transmission Security Agreements (TSAs), a major milestone in advancing the Exelon Promise to protect families and small businesses and keep bills as low as possible by ensuring large new power users cover their fair share of the costs of the transmission system used to serve customers.As artificial intelligence, electrification, advanced manufacturing and economic development accelerate...
Back to Newsroom