Exelon : BGE, Delmarva Power and Pepco Statement on Advancing of Utility RELIEF Act to Final Passage

Published: 2026-04-14 02:16:10 ET EXC

Published on 04/14/2026 at 02:16 am EDT

We appreciate Governor Wes Moore and the Maryland General Assembly for their focus on addressing energy affordability for customers across the state. At a time when families and businesses are feeling pressure from rising costs, this is an important conversation and one we share every day as we work directly with our customers.

The Utility RELIEF Act includes several meaningful steps that will help customers in the near term, including expanded access to energy assistance, a continued focus on affordability by ensuring large-load customers pay their fair share of grid modernization costs, and increased financial support for limited-income households by accelerating and funding a discounted rate mechanism BGE, Delmarva Power, and Pepco were instrumental in developing. These are important tools that can make a real difference for customers who need it most, and we are committed to helping connect eligible customers with every available resource.

At the same time, it is important to ensure that well-intended policies do not create unintended consequences for customers over the long term. Policies that limit how utilities plan, invest, and recover costs can make it more challenging to maintain the safe, reliable energy system that customers depend on every day and may ultimately increase costs or delay critical infrastructure investments.

Energy affordability and reliability must go hand in hand. We remain committed to working with state leaders and stakeholders to implement this legislation in a way that delivers immediate relief while also supporting the long-term investments needed to keep energy safe, reliable, and as affordable as possible for Maryland customers.

Disclaimer

Exelon Corporation published this content on April 13, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 14, 2026 at 06:15 UTC.