EXC · 10-Q · 2026Q3 · Full report

Capital Expenditure Outlook

EXELON CORP · 2026-10-30 · Importance 58 · Surprise 24 · In source text

As of September 30, 2026, Exelon estimated 2026 capital expenditures for plant additions and improvements of $9.9 billion. The estimates included $3.5 billion for ComEd, $3.5 billion for PECO, $3.25 billion for BGE, and $3.3 billion for PHI, with subsidiary amounts rounded and not necessarily summing due to rounding. Management said projected capital expenditures and other customer investments are periodically reviewed and may be revised for economic conditions and other factors.

Key facts

• Exelon estimated 2026 capital expenditures for plant additions and improvements at $9.9 billion.
• Delaware legislation limits DPL’s non-mandatory capital spending eligible for rate recovery to $70 million in each of 2026 and 2027, subject to exceptions or commission orders.
• In May 2026, Exelon announced plans to identify approximately $350 million of operating and maintenance cost savings at Exelon and its utility registrants in 2027.
• Beginning in 2028, DPL’s non-mandatory capital spending eligible for rate recovery may not exceed 5% of the rate base approved in its most recent base rate case.
• PECO said it will continue to evaluate the timing and approach for future capital investments and potential regulatory filings, considering customer affordability, system reliability, and stakeholder engagement.

Impact estimates