Strong Operating Earnings Growth
Exelon reported operating earnings of $0.92 per share, representing strong growth over the first quarter of 2024, and ahead of expectations.
Regulatory and Legislative Progress
Significant legislative progress in Maryland with the passage of energy bills focusing on energy security, battery storage development, and multi-year plan constructs.
Progress in Federal and Regional Policy
PJM has made considerable progress to address suboptimal outcomes in its capacity market construct, and FERC approved solutions put forward by PJM.
Stable Financial Outlook
Exelon reaffirms its plan to invest $38 billion over the next four years, with a projected 7.4% rate base growth and annualized earnings growth of 5% to 7% through 2028.
Successful Financing Activities
Exelon completed nearly 50% of its planned long-term debt financing transactions and successfully de-risked nearly 60% of its annualized equity needs for 2025.