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Exelon Q2 Operating Revenue, Expenses Rise

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US utility company Exelon (EXC) on Thursday reported Q2 2026 operating revenue of $5.97 billion, up from $5.43 billion in the same period a year earlier.

Operating expenses rose to $4.99 billion from $4.50 billion a year earlier.

The company, which operates Commonwealth Edison, PECO Energy, Baltimore Gas and Electric and Pepco, said power and fuel expenses increased to $2.21 billion in the quarter from $1.90 billion a year earlier.

Operating and maintenance expenses rose to $1.40 billion from $1.32 billion in the second quarter of 2025, while depreciation and amortization expense increased to $968 million from $902 million.

Taxes other than income taxes totaled $423 million in the quarter, compared with $383 million in the year-earlier period.

Exelon said it identified $12 billion to $17 billion in transmission opportunities beyond its current plan, with additional upside from competitive projects. Most of the opportunities are expected to materialize in 2030 and beyond, although some areas, including new business and competitive transmission, may require investment before 2030.

The company expects transmission capital spending to total $6.68 billion from 2023 through 2026, increasing to $9.68 billion by the end of 2027, $12.6 billion by the end of 2028, and $16.3 billion by 2030.

Price: $45.30, Change: $-1.74, Percent Change: -3.69%

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