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EXELON CORP

For the period ended Dec 31, 2024. Filed Feb 12, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 12, 2025

EXC$45.65+0.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

GLOSSARY OF TERMS AND ABBREVIATIONS

GLOSSARY OF TERMS AND ABBREVIATIONS
Exelon Corporation and Related Entities
ExelonExelon Corporation
ComEdCommonwealth Edison Company
PECOPECO Energy Company
BGEBaltimore Gas and Electric Company
Pepco Holdings or PHIPepco Holdings LLC (formerly Pepco Holdings, Inc.)
PepcoPotomac Electric Power Company
DPLDelmarva Power & Light Company
ACEAtlantic City Electric Company
RegistrantsExelon, ComEd, PECO, BGE, PHI, Pepco, DPL, and ACE, collectively
Utility RegistrantsComEd, PECO, BGE, Pepco, DPL, and ACE, collectively
Legacy PHIPHI, Pepco, DPL, ACE, PES, and PCI, collectively
BSCExelon Business Services Company, LLC
EEDCExelon Energy Delivery Company, LLC
Exelon CorporateExelon in its corporate capacity as a holding company
Exelon EnterprisesExelon Enterprises Company, LLC
Exelon InQB8RExelon InQB8R, LLC
PCIPotomac Capital Investment Corporation and its subsidiaries
PEC L.P.PECO Energy Capital, L.P.
PECO Trust IIIPECO Energy Capital Trust III
PECO Trust IVPECO Energy Capital Trust IV
Pepco Energy Services or PESPepco Energy Services, Inc. and its subsidiaries
PHI CorporatePHI in its corporate capacity as a holding company
PHISCOPHI Service Company
UIIUnicom Investments, Inc.
Former Related Entities
ConstellationConstellation Energy Corporation
GenerationConstellation Energy Generation, LLC (formerly Exelon Generation Company, LLC, a subsidiary of Exelon as of December 31, 2021 prior to separation on February 1, 2022)
GLOSSARY OF TERMS AND ABBREVIATIONS
Other Terms and Abbreviations
ABOAccumulated Benefit Obligation
AECsAlternative Energy Credits that are issued for each megawatt hour of generation from a qualified alternative energy source
AFUDCAllowance for Funds Used During Construction
AMIAdvanced Metering Infrastructure
AOCIAccumulated Other Comprehensive Income (Loss)
AROAsset Retirement Obligation
ATMAt the market
ARPAlternative Revenue Program
BGSBasic Generation Service
BSABill Stabilization Adjustment
CBAsCollective Bargaining Agreements
CEJAClimate and Equitable Jobs Act; Illinois Public Act 102-0662 signed into law on September 15, 2021
CERCLAComprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended
CIPConservation Incentive Program
Clean Air ActClean Air Act of 1963, as amended
Clean Water ActFederal Water Pollution Control Amendments of 1972, as amended
CMCCarbon Mitigation Credit
CODMsChief Operating Decision Makers
ConectivConectiv, LLC, a wholly owned subsidiary of PHI and the parent of DPL and ACE during the Predecessor periods
DC PLUGDistrict of Columbia Power Line Undergrounding Initiative
DCPSCDistrict of Columbia Public Service Commission
DEPSCDelaware Public Service Commission
DERsDistributed Energy Resources
DOEEDepartment of Energy & Environment
DPADeferred Prosecution Agreement
DPPDeferred Purchase Price
DSICDistribution System Improvement Charge
EDITExcess Deferred Income Taxes
EIMAEnergy Infrastructure Modernization Act (Illinois Senate Bill 1652 and Illinois House Bill 3036)
EPAUnited States Environmental Protection Agency
ERCOTElectric Reliability Council of Texas
ERISAEmployee Retirement Income Security Act of 1974, as amended
EROAExpected Rate of Return on Assets
ETACEnergy Transition Assistance Charge
FEJAIllinois Public Act 99-0906 or Future Energy Jobs Act
FERCFederal Energy Regulatory Commission
GAAPGenerally Accepted Accounting Principles in the United States
GCRGas Cost Rate
GDPGross Domestic Product
GHGGreenhouse Gas
GSAGeneration Supply Adjustment
GWhsGigawatt hours
ICCIllinois Commerce Commission
GLOSSARY OF TERMS AND ABBREVIATIONS
Other Terms and Abbreviations
IIJAInfrastructure Investment and Jobs Act
IIPInfrastructure Investment Program
Illinois Settlement LegislationLegislation enacted in 2007 affecting electric utilities in Illinois
IPAIllinois Power Agency
IRAInflation Reduction Act
IRCInternal Revenue Code
IRSInternal Revenue Service
ISOsIndependent System Operators
LNGLiquefied Natural Gas
LTIPLong-Term Incentive Plan
LTRRPPLong-Term Renewable Resources Procurement Plan
MDPSCMaryland Public Service Commission
MGPManufactured Gas Plant
mmcfMillion Cubic Feet
MRPMulti-Year Rate Plan
MRVMarket-Related Value
MWMegawatt
MWhMegawatt hour
N/ANot Applicable
NAVNet Asset Value
NDTNuclear Decommissioning Trust
NERCNorth American Electric Reliability Corporation
NJBPUNew Jersey Board of Public Utilities
NOLCTax Net Operating Loss Carryforward
NPDESNational Pollutant Discharge Elimination System
NPNSNormal Purchase Normal Sale scope exception
NPSNational Park Service
NRDNatural Resources Damages
OCIOther Comprehensive Income
OPEBOther Postretirement Employee Benefits
PAPUCPennsylvania Public Utility Commission
PCBsPolychlorinated Biphenyls
PGCPurchased Gas Cost Clause
PJMPJM Interconnection, LLC
PJM TariffPJM Open Access Transmission Tariff
PLRPrivate Letter Ruling
POLRProvider of Last Resort
PPAPurchase Power Agreement
PP&EProperty, Plant, and Equipment
PRPsPotentially Responsible Parties
PSEGPublic Service Enterprise Group Incorporated
RCRAResource Conservation and Recovery Act of 1976, as amended
RECRenewable Energy Credit which is issued for each megawatt hour of generation from a qualified renewable energy source
Regulatory Agreement UnitsNuclear generating units or portions thereof whose decommissioning-related activities are subject to regulatory agreements with the ICC and PAPUC
RESRetail Electric Suppliers
GLOSSARY OF TERMS AND ABBREVIATIONS
Other Terms and Abbreviations
RFPRequest for Proposal
RiderReconcilable Surcharge Recovery Mechanism
RGGIRegional Greenhouse Gas Initiative
ROEReturn on Equity
ROURight-of-use
RPSRenewable Energy Portfolio Standards
RTORegional Transmission Organization
S&PStandard & Poor’s Ratings Services
SECUnited States Securities and Exchange Commission
SOASociety of Actuaries
SOFRSecured Overnight Financing Rate
SOSStandard Offer Service
SSASocial Security Administration
TCJATax Cuts and Jobs Act
Transition BondsTransition Bonds issued by Atlantic City Electric Transition Funding LLC
USAOUnited States Attorney's Office for the Northern District of Illinois
ZECZero Emission Credit
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.