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Exelon Launches "The Exelon Promise" to "Fight Out of Control Energy Costs"
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Exelon today announced The Exelon Promise, which Exelon described as, "a comprehensive customer first approach to bring energy costs under control for families and businesses."
Exelon said that in addition to advocating price caps for "energy market auctions" (from all context and Exelon materials, meaning PJM and not SOS), Exelon, "is enhancing protections for the families and small businesses it serves by calling for commitments from large energy users to pay their fair share of costs."
Exelon said, "Today’s energy cost increases are tied to higher supply prices set through regional energy markets. Under the current structure, electricity generation is largely controlled by private energy corporations that benefit when tight supply drives up prices. Public utility companies like Exelon, by contrast, operate under strict regulation, with capped returns and costs closely overseen."
While Exelon broadly calls for "real relief" and strong "customer protections", nothing in a news release or currently on Exelon Promise's website specifically cites potential retail market reforms (in contrast to the previously reported calls from Pennsylvania's governor for such retail reforms, story here). The lack of mentions of such retail reforms by Exelon Promise should not be seen as dispositive in one manner or another on any position Exelon may potentially have on such; ECM only observes that nothing has been highlighted by Exelon Promise
The protections cited by Exelon Promise largely relate to the capacity market and data center costs
Exelon said, "To control long-term costs, Exelon is advocating reforms that would allow fully regulated utilities to help build new energy supply, including utility-generated power, increasing competition, improving reliability, and easing pressure on prices."
“This is about fixing what’s broken,” Calvin Butler, President and CEO of Exelon said. “We need more energy supply, more competition, and a system that works for customers, not against them. Utility-generated energy creates much-needed competition within a market that’s proven its inability to meet today’s energy needs.”
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February 17, 2026
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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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