Exelon (NASDAQ:EXC) (NASDAQ: EXC) is a leading energy company headquartered in Chicago, Illinois, specializing in the generation, distribution and transmission of electricity and natural gas. Through its regulated utility subsidiaries and competitive power generation businesses, Exelon serves millions of residential, commercial and industrial customers across the United States. The company operates one of the nation’s largest nuclear fleets, alongside a diverse portfolio that includes natural gas–fired, hydroelectric, solar and wind power facilities.
Exelon’s operations are broadly organized into two principal segments: Exelon Generation and Exelon Utilities. Exelon Generation encompasses the company’s competitive power plants, featuring nuclear stations that deliver baseload electricity and peaking facilities that respond to shifts in demand. Exelon Utilities comprises regulated electric and gas distribution businesses active in six states—Illinois, Pennsylvania, Maryland, New Jersey, Delaware—and the District of Columbia. These utilities are responsible for delivering reliable service, managing the grid infrastructure and implementing programs focused on energy efficiency and sustainability.
The company traces its roots to the 2000 merger of PECO Energy Company and Unicom Corporation, creating a platform for growth in both regulated and competitive energy markets. Over the years, Exelon has honed its strategy around low-carbon generation and grid modernization, investing in advanced metering, distribution automation and clean energy integration. Exelon is led by President and Chief Executive Officer Christopher M. Crane, who has overseen initiatives to strengthen operations, enhance customer engagement and support the transition toward a cleaner energy future.
