Exelon Launches the Exelon Promise to Fight Out of Control Energy Costs
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Exelon launches the Exelon Promise to fight out of control energy costs. Customer-first approach includes $60 million Customer Relief Fund, customer protections, and long-term policy reforms to ease burden on families and small businesses CHICAGO-(BUSINESS WIRE)-As families and small businesses across the country continue to face higher energy bills, Exelon today announced The Exelon Promise, a comprehensive customer first approach to bring energy costs under control for families and businesses. The Exelon Promise combines immediate customer relief, strong protections, and practical policy reforms to fight the root causes driving higher customer costs. Energy supply prices are rising nationwide due to a convergence of historic growth in electricity demand, limited energy supply, and market dynamics that are keeping energy supply costs at record highs. While utilities do not control these supply prices, Exelon - the parent of public utility companies Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco - is stepping up with practical solutions to get costs under control. Exelon's status as a fully regulated utility enables the company to invest in enhanced customer support and long-term solutions at a time of increased need. "Energy costs are out of control - and we know the 11 million customers we serve are angry, they have every right to be," said Calvin...
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