A Brief History of Exelon Corporation (EXC)

Exelon Corporation, a leading energy provider, was formed in the year 2000 through the merger of PECO Energy Company and Unicom Corp, the parent of Commonwealth Edison. This merger marked the creation of one of the largest utilities in the United States, serving millions of customers and playing a significant role in the energy sector.

Here are some key events in the history of Exelon Corporation:

• 2000: Formation of Exelon Corporation through the merger of PECO Energy Company and Unicom Corp.
• 2002: Exelon acquires Sithe Energies, expanding its generating capacity.
• 2008: Exelon announces its intent to acquire NRG Energy, which eventually does not materialize.
• 2012: Exelon completes its merger with Constellation Energy, significantly enhancing its position in the competitive energy market.
• 2016: Exelon acquires Pepco Holdings, adding to its utility operations and expanding its customer base.
• 2021: Exelon announces the separation of its utility and power generation businesses, leading to the creation of a new company, Constellation, which focuses on power generation and competitive energy sales.
• 2022: The separation process is completed, and Constellation Energy becomes an independent publicly traded company.

Exelon Corporation remains a major player in the utility sector, known for its commitment to sustainability, innovation, and providing reliable energy services to its customers across the United States.

Who Owns Exelon Corporation (EXC)

Exelon Corporation (EXC) is a major American energy provider, involved in the generation, transmission, and distribution of electricity. The company is publicly traded, so its ownership is distributed among a variety of institutional and individual shareholders. Below are some key points about the ownership structure:

• Institutional Investors: A significant portion of Exelon's shares are held by institutional investors. These include mutual funds, pension funds, and other large financial organizations. Institutional ownership often provides stability and long-term investment perspectives.
• Vanguard Group and BlackRock: Among the institutional investors, Vanguard Group and BlackRock are some of the largest shareholders. These asset management firms often hold significant stakes in major publicly traded companies, including Exelon.
• Directors and Executive Management: Members of the board of directors and executive management teams also hold shares in Exelon. This ownership usually aligns their interests with that of the shareholders, promoting responsible corporate governance.
• Individual Investors: Individual retail investors also own a portion of Exelon's shares. These may include long-term investors, day traders, and employees of the company who participate in stock purchase plans.
• Exchange-Traded Funds (ETFs) and Index Funds: Exelon's shares are also part of several ETFs and index funds. These funds automatically have to buy and hold shares of Exelon to track specific indexes, contributing to the overall shareholder base.

The ownership landscape of Exelon Corporation is thus a blend of institutional and individual shareholders, with a notable presence of major investment firms and asset managers. This diversified ownership structure helps balance the company's operational and strategic goals, making it a robust entity in the energy sector.

Exelon Corporation (EXC) Mission Statement

Exelon Corporation (EXC) is committed to providing clean, reliable, and affordable energy to its customers. Their mission statement highlights their dedication to sustainability, community engagement, and innovation in the energy sector. Here are the key elements of Exelon's mission:

• Sustainability: Exelon aims to provide environmentally friendly energy solutions that reduce carbon footprints and promote a healthier planet.
• Reliability: Ensuring the consistent and dependable delivery of energy to meet the needs of their customers.
• Affordability: Striving to keep energy costs reasonable while maintaining high standards of service.
• Innovation: Embracing technological advances and innovative practices to enhance energy efficiency and build smarter energy infrastructures.
• Community Engagement: Exelon is dedicated to supporting and enriching the communities they serve through various programs and initiatives.

Exelon Corporation's mission statement underscores their strategic focus on integrating sustainable practices with cutting-edge technology, community support, and economic considerations to create a better future for both their stakeholders and the environment.

How Exelon Corporation (EXC) Works

Exelon Corporation (EXC) is a prominent American energy provider specializing in electricity and natural gas. It operates through various subsidiaries to deliver reliable energy services to millions of customers. The company's primary focus areas include power generation, transmission, and distribution, as well as renewable energy investments and customer engagement initiatives.

Exelon owns and operates a diverse fleet of power plants, including nuclear, natural gas, wind, solar, and hydroelectric facilities. The company's robust portfolio allows it to generate a significant amount of electricity, ensuring a stable and consistent energy supply to its customers. Exelon is one of the largest nuclear power operators in the United States, which underscores its commitment to providing low-carbon energy solutions.

Exelon’s transmission and distribution (T&D) networks are crucial for delivering electricity from power plants to end-users, such as homes, businesses, and industrial facilities. The company invests heavily in modernizing T&D infrastructure to enhance grid reliability, efficiency, and resilience. This involves upgrading aging equipment, implementing smart grid technologies, and integrating renewable energy sources.

Exelon is deeply committed to transitioning towards cleaner energy sources. The company has made significant investments in renewable energy projects, including wind and solar farms. These investments are part of Exelon’s strategy to reduce its carbon footprint and support the broader goal of achieving a more sustainable energy future. Additionally, Exelon participates in various research and development initiatives aimed at advancing renewable energy technologies and optimizing their integration into the existing grid.

Exelon places a strong emphasis on customer satisfaction and engagement. The company offers a range of programs and services designed to help customers manage their energy consumption more effectively. These initiatives include energy efficiency programs, demand response programs, and customized energy plans. Exelon also utilizes digital tools and platforms to provide customers with real-time information on their energy usage, enabling them to make informed decisions and reduce their energy costs.

• Exelon owns and operates a diverse fleet of power plants, including nuclear, natural gas, wind, solar, and hydroelectric facilities.
• The company invests heavily in modernizing T&D infrastructure with a focus on enhancing grid reliability and efficiency.
• Significant investments in renewable energy projects, such as wind and solar farms, highlight Exelon's commitment to sustainability.
• Customer engagement initiatives, including energy efficiency programs and real-time usage information, help customers manage their energy consumption.

How Exelon Corporation (EXC) Makes Money

Exelon Corporation (EXC) is one of the largest utility services holding companies in the United States, and it generates revenue through various streams within the energy sector. The company's business model is diversified across several key areas:

• Electricity Generation: Exelon owns and operates a substantial fleet of power plants that produce electricity. These plants utilize a mix of energy sources, including nuclear, natural gas, wind, and solar. The electricity generated is sold into the wholesale market or directly to consumers.
• Retail Energy Sales: Exelon provides electricity and natural gas to residential, commercial, and industrial customers. The company operates in multiple states under various regulatory environments, allowing it to serve millions of customers.
• Utility Operations: Through its subsidiaries, Exelon operates regulated utilities that deliver electricity and natural gas to customers. These utilities are subject to state and federal regulations, which often provide for a stable, predictable revenue stream through approved rates and tariffs.
• Transmission and Distribution: Exelon earns money by maintaining and operating the infrastructure required to transmit and distribute electricity from power plants to end-users. This includes power lines, substations, and transformers.
• Energy Services: Exelon also provides energy-related services such as energy efficiency programs, demand response initiatives, and customized energy solutions for businesses. These services help customers reduce their energy consumption and costs.
• Renewable Energy Projects: Exelon invests in renewable energy projects, including wind and solar farms. Revenue from these projects comes from selling renewable energy credits (RECs), tax incentives, and long-term power purchase agreements (PPAs).

The combination of these revenue streams allows Exelon Corporation to maintain a robust and diversified financial portfolio, making it a significant player in the energy sector.