Summary
Exelon Corp. is a leading pure-play energy provider with transmission and distribution operations in the US and headquarters in Chicago. Exelon has spun off its generation business, which consisted of approximately 60% nuclear energy, under the name Constellation Energy. Constellation is now a publicly traded company focused on generation and competitive distribution, while Exelon focuses on regulated transmission and distribution. In conjunction with the February 2022 Constellation spin-off, EXC shareholders received one CEG share for every three EXC shares. As a result of this separation, Exelon’s shares were revalued.
As of December 2024, Exelon has approximately 9.2 million electric customers and 1.4 million gas customers through its regulated utility subsidiaries. The service regions are primarily in central Maryland (Baltimore Gas & Electric Co.), northern Illinois (ComEd) and the South.
