Exelon Announces Additional $10 Million Contribution to Customer Relief Fund, Supporting Customers as Winter Weather Drives Higher Energy Use
Exelon Corporation (EXC)
Last exelon corporation earnings: 2/11 06:50 am
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) today announced an additional $10 million contribution to its Customer Relief Fund, strengthening support for communities as cold weather drives up energy demand and costs remain high.The contribution brings Exelon’s direct customer assistance efforts to address energy affordability to $60 million in the past year. Exelon does not control or profit from increasing energy supply costs, a key driver of increased costs on customer bills.Each of Exelon’s operating companies — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco — receive a portion of the contribution, which will be administered by trusted local nonprofits. Funding amounts, eligibility criteria, and delivery methods will vary by service territory to reflect local needs.“People are frustrated by rising costs, and we share that frustration, especially as cold weather sets in,” said Exelon President and CEO Calvin Butler. “We’re proud to step up and help in the
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