Latest news with #CalvinButler
Business Wire
a day ago
- Business
- Business Wire
Exelon to Announce Second Quarter Results on July 31
CHICAGO--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) will hold its second quarter 2025 earnings conference call at 9:00 a.m. CT / 10:00 a.m. ET on Thursday, July 31, 2025. The conference call will be led by Exelon President and CEO, Calvin Butler, and Exelon Executive Vice President and CFO, Jeanne Jones. To listen to or view the upcoming earnings presentation, please access the live listen-only webcast here. The audio webcast link will also be available on the Investor Relations page and will be archived and available for replay. About Exelon Exelon (Nasdaq: EXC) is a Fortune 200 company and one of the nation's largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Exelon's 20,000 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 X and LinkedIn.
Associated Press
a day ago
- Business
- Associated Press
Exelon to Announce Second Quarter Results on July 31
CHICAGO--(BUSINESS WIRE)--Jun 27, 2025-- Exelon (Nasdaq: EXC) will hold its second quarter 2025 earnings conference call at 9:00 a.m. CT / 10:00 a.m. ET on Thursday, July 31, 2025. The conference call will be led by Exelon President and CEO, Calvin Butler, and Exelon Executive Vice President and CFO, Jeanne Jones. To listen to or view the upcoming earnings presentation, please access the live listen-only webcast here. The audio webcast link will also be available on the Investor Relations page and will be archived and available for replay. About Exelon Exelon View source version on CONTACT: James Gherardi 312-394-7417 Media Hotline [email protected] KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS MARYLAND PENNSYLVANIA INDUSTRY KEYWORD: UTILITIES ENERGY SOURCE: Exelon Copyright Business Wire 2025. PUB: 06/27/2025 11:10 AM/DISC: 06/27/2025 11:10 AM
Business Wire
12-06-2025
- Business
- Business Wire
'Commitment to Our Communities:' Exelon Steps in to Provide $50 Million Customer Relief Fund for Customers Struggling with Higher Energy Supply Costs
CHICAGO--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) today announced a $50 million Customer Relief Fund to help low- and middle-income (LMI) customers struggling as energy supply costs escalate this summer. Exelon's local energy companies – Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco – will join with trusted local nonprofits to determine customer eligibility and administer relief. Each nonprofit will receive a portion of the $50 million commitment as a one-time charitable contribution from Exelon. Beginning in early July, customers of Atlantic City Electric, BGE, ComEd, Delmarva Power and Pepco will be able to apply for assistance through the Customer Relief Fund. Customers of PECO in the Philadelphia area will be able to apply in August. Qualifying customers may see as much as several hundred dollars in relief. The fund is a temporary, one-time assistance program designed to help manage the impact of rising energy supply costs as demand increases and supply is not there to meet it. Although all customers are affected by these increases, the fund is designed to provide support to those who may be most in need. While Exelon does not control energy supply costs, the company is committed to advocating for customers and working to find solutions with those who do. 'Exelon understands that high energy bills, caused by increased supply costs, are extremely stressful for low- and middle-income customers – which includes many seniors, small business owners and families experiencing challenges,' said Exelon President and CEO Calvin Butler. 'The Customer Relief Fund, in addition to our existing year-round programs supporting customers with energy assistance, once again demonstrates Exelon's commitment to our communities. We continue to work with federal, state and local officials to develop long-term solutions that ensure customers affordable, reliable and sustainable energy.' How the Customer Relief Fund Will Work Exelon is making a one-time charitable contribution totaling $50 million to trusted community nonprofits to assist customers. In these challenging times, Exelon hopes this contribution will catalyze additional philanthropic giving to support communities. Details regarding administration of the Customer Relief Fund, including eligibility and disbursement of relief, will vary by operating company and its alliance with local nonprofits. Customers are encouraged to visit the websites of their local energy companies to learn how they can secure local support. Helping Customers Cope Though the Customer Relief Fund is a temporary program designed to address the current needs of customers, it is a key part of Exelon's and its local energy companies' comprehensive efforts helping customers afford and manage energy costs, including: Energy efficiency programs to help customers reduce energy consumption. Working with state and local governments to develop innovative programs that provide customers access to additional relief for high energy costs. Budget billing and flexible payment options to help customers manage costs, especially during higher usage periods. In addition to these short- and medium-term efforts to help customers cope with higher energy costs, Exelon continues working with federal, state and local officials to develop long-term solutions that deliver reliable and affordable energy to customers, including bringing more electricity generation online quickly through reforms to promote the re-use of retiring or retired generation sites. By accelerating the delivery of new, clean sources of power – while supporting local communities and embracing best practices from other parts of the country – we can work with customers to decrease overall electricity demands when the grid is stressed. Exelon remains committed to serving customers and communities in times of need. The Customer Relief Fund is part of Exelon's broader support for customers, which in 2024 included $492.1 million in energy assistance programs serving 520,000 customers and nearly $1 billion in energy efficiency programs to help customers save energy and money. Though energy costs continue rising, Exelon customers have seen rates 21 percent below the largest U.S. cities, while also experiencing a 35 percent improvement in reliability because of our grid investments. About Exelon Exelon (Nasdaq: EXC) is a Fortune 200 company and one of the nation's largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Exelon's 20,000 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 X, @Exelon.
Yahoo
12-06-2025
- Business
- Yahoo
"Commitment to Our Communities:" Exelon Steps in to Provide $50 Million Customer Relief Fund for Customers Struggling with Higher Energy Supply Costs
In early July and August, Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco low- and middle-income customers can begin applying for relief to ease the expected impact of higher summer energy supply costs. Trusted local nonprofits to join with Exelon's local energy companies and administer relief thanks to charitable contributions from Exelon. CHICAGO, June 12, 2025--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) today announced a $50 million Customer Relief Fund to help low- and middle-income (LMI) customers struggling as energy supply costs escalate this summer. Exelon's local energy companies – Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco – will join with trusted local nonprofits to determine customer eligibility and administer relief. Each nonprofit will receive a portion of the $50 million commitment as a one-time charitable contribution from Exelon. Beginning in early July, customers of Atlantic City Electric, BGE, ComEd, Delmarva Power and Pepco will be able to apply for assistance through the Customer Relief Fund. Customers of PECO in the Philadelphia area will be able to apply in August. Qualifying customers may see as much as several hundred dollars in relief. The fund is a temporary, one-time assistance program designed to help manage the impact of rising energy supply costs as demand increases and supply is not there to meet it. Although all customers are affected by these increases, the fund is designed to provide support to those who may be most in need. While Exelon does not control energy supply costs, the company is committed to advocating for customers and working to find solutions with those who do. "Exelon understands that high energy bills, caused by increased supply costs, are extremely stressful for low- and middle-income customers – which includes many seniors, small business owners and families experiencing challenges," said Exelon President and CEO Calvin Butler. "The Customer Relief Fund, in addition to our existing year-round programs supporting customers with energy assistance, once again demonstrates Exelon's commitment to our communities. We continue to work with federal, state and local officials to develop long-term solutions that ensure customers affordable, reliable and sustainable energy." How the Customer Relief Fund Will Work Exelon is making a one-time charitable contribution totaling $50 million to trusted community nonprofits to assist customers. In these challenging times, Exelon hopes this contribution will catalyze additional philanthropic giving to support communities. Details regarding administration of the Customer Relief Fund, including eligibility and disbursement of relief, will vary by operating company and its alliance with local nonprofits. Customers are encouraged to visit the websites of their local energy companies to learn how they can secure local support. Helping Customers Cope Though the Customer Relief Fund is a temporary program designed to address the current needs of customers, it is a key part of Exelon's and its local energy companies' comprehensive efforts helping customers afford and manage energy costs, including: Energy efficiency programs to help customers reduce energy consumption. Working with state and local governments to develop innovative programs that provide customers access to additional relief for high energy costs. Budget billing and flexible payment options to help customers manage costs, especially during higher usage periods. In addition to these short- and medium-term efforts to help customers cope with higher energy costs, Exelon continues working with federal, state and local officials to develop long-term solutions that deliver reliable and affordable energy to customers, including bringing more electricity generation online quickly through reforms to promote the re-use of retiring or retired generation sites. By accelerating the delivery of new, clean sources of power – while supporting local communities and embracing best practices from other parts of the country – we can work with customers to decrease overall electricity demands when the grid is stressed. Exelon remains committed to serving customers and communities in times of need. The Customer Relief Fund is part of Exelon's broader support for customers, which in 2024 included $492.1 million in energy assistance programs serving 520,000 customers and nearly $1 billion in energy efficiency programs to help customers save energy and money. Though energy costs continue rising, Exelon customers have seen rates 21 percent below the largest U.S. cities, while also experiencing a 35 percent improvement in reliability because of our grid investments. About Exelon Exelon (Nasdaq: EXC) is a Fortune 200 company and one of the nation's largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Exelon's 20,000 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 X, @Exelon. View source version on Contacts Timothy Stokes312-394-7417 Media Melden Sie sich an, um Ihr Portfolio aufzurufen.
Yahoo
03-06-2025
- Business
- Yahoo
Calvin Butler Elected Chair; David Campbell and Chris Womack Elected Vice Chairs of EEI Board of Directors
NEW ORLEANS, June 3, 2025 /PRNewswire/ -- Calvin Butler, president and CEO of Chicago-based Exelon, today was elected chair of the board of the Edison Electric Institute (EEI), the national association of investor-owned electric companies. David Campbell, chairman and CEO of Kansas City, Mo.-based Evergy, and Chris Womack, chairman, president, and CEO of Atlanta-based Southern Company, were elected vice chairs. EEI's Board elected Butler, Campbell, and Womack during the institute's annual meeting in New Orleans. EEI's chair rotates on an annual basis, and Butler succeeds Maria Pope, president and CEO of Portland, Ore.-based Portland General Electric. "EEI and our member electric companies are grateful to Maria Pope for her strong and steadfast leadership as EEI chair," said EEI interim President and CEO Pat Vincent-Collawn. "Maria's commitment to providing customers with safe, reliable, and resilient clean energy and to bringing new energy solutions forward is unwavering. She has been instrumental in shaping a multi-year strategic roadmap for our members that prioritizes customer affordability, and she continues to play a critical role in helping our industry identify comprehensive national solutions to mitigate risks from wildfires." "We also are proud to announce that Calvin Butler was elected EEI Chair for the 2025-2026 cycle," added Vincent-Collawn. "With demand for electricity rising at the fastest pace in decades, Calvin's leadership will be essential as EEI's member companies work to advance our shared policy priorities and to deliver the reliable, secure electricity that powers our nation's economy." "Our industry stands at an exciting crossroad, with new challenges, historic levels of investment, and burgeoning technologies like artificial intelligence that are redefining America's energy future," said Butler, who most recently served as an EEI vice chair. "I look forward to working with EEI and its member companies to ensure that we continue to meet the evolving needs and expectations of our customers, while at the same time working to keep their bills as low as possible." Calvin Butler is president and CEO of Exelon, the parent company of six local energy companies, including Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Together, they serve approximately 10.7 million electric and natural gas customers in New Jersey, Maryland, Illinois, Delaware, Pennsylvania, and the District of Columbia. David Campbell joined Evergy in January 2021 as president and CEO and, in May 2024, became chairman and CEO. Under Campbell's leadership, Evergy focuses on providing safe, affordable, and reliable service to its 1.7 million electric customers in Kansas and Missouri. Chris Womack is the chairman, president, and CEO of Southern Company, which serves 9 million electric and natural gas customers and businesses in Alabama, Georgia, Illinois, Mississippi, Tennessee, and Virginia. Under Womack's leadership, Southern Company and its subsidiaries are leading producers of clean, safe, reliable, and affordable energy, and leading innovators in the energy industry. EEI is the association that represents all U.S. investor-owned electric companies. Our members provide safe, reliable electricity for nearly 250 million Americans, and operate in all 50 states and the District of Columbia. As a whole, the electric power industry supports more than 7 million jobs in communities across the United States. In addition to our U.S. members, EEI has more than 70 international electric companies, with operations in more than 90 countries, as International Members, and hundreds of industry suppliers and related organizations as Associate Members. View original content to download multimedia: SOURCE Edison Electric Institute
