Exelon Corp
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Exelon Corp - overview
Established
2000
Location
Chicago, IL-Illinois, US
Primary Industry
Power & Utilities
About
Exelon Corporation is a leading utility company in the United States, specializing in the provision of electric and gas services, committed to delivering reliable and efficient energy to millions of customers. Founded in 2000 and headquartered in Chicago, US, Exelon Corporation operates as a major utility provider, focusing on electric and natural gas distribution. The company has undergone strategic initiatives to enhance its operations and expand its service offerings. Nate Bender is the founder and currently, Calvin Butler serves as the CEO.
Exelon Corporation is one of the largest utility companies in the United States, providing electric and gas services through its fully regulated transmission and distribution utilities, including Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. The company focuses on delivering reliable, affordable, and efficient energy to over 10. 7 million customers across the Mid-Atlantic and Midwest markets. Exelon's core product offerings include electricity and natural gas supply services, energy efficiency programs, and renewable energy initiatives.
Furthermore, Exelon is actively involved in workforce development and community engagement, promoting sustainability within the communities it serves and supporting startups through its Climate Change Investment Initiative. Exelon Corporation generates revenue primarily through the provision of utility services, including electricity and natural gas, to residential, commercial, and industrial customers. Customers pay for energy usage based on metered consumption. Revenue is derived from a structured framework that includes fixed utility rates set by regulatory bodies as well as variable pricing mechanisms based on market conditions.
The company also partners with trusted nonprofits as part of its Customer Relief Fund, assisting low-income customers facing high energy bills.
Primary Industry
Power & Utilities
Sub Industries
Electric Utilities, Power Generation Equipment & Services
Website
www.exeloncorp.com
Total Amount Raised
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