InfluenceMap Score
Performance Band
Organisation Score
Relationship Score
Chicago, United States
Brands and Associated Companies:
Exelon Nuclear Partners, Exelon PowerLabs, Constellation, Commonwealth Edison
Official Web Site:

Climate Lobbying Overview: Exelon is strategically engaging on US climate policy with mostly positive positions. The company actively engages at the federal, state, and regional levels to promote measures in support of the transition to a zero-carbon power sector.

Top-line Messaging on Climate Policy: Exelon has positive top-line communications on climate policy. In October 2021, the utility signed a joint letter to Speaker Pelosi and Majority Leader Schumer advocating for the inclusion of robust climate provisions in the Build Better Act. The company firmly supports carbon pricing, as evidenced in October 2020 comments to the Federal Energy Regulatory Commission (FERC) criticizing “continued talk about the benefit of placing a meaningful price on carbon emissions, uncoupled from concrete and immediate action.” Additionally, in June 2021, Exelon submitted comments to the Office of Management and Budget advocating for the federal government to use the social cost of carbon, nitrous oxide, and methane across all relevant areas of decision-making. Exelon supports the Paris Agreement, applauding the country’s re-entry to the deal in January 2021.

*Engagement with Climate-Related Policy: Exelon appears to engage with mostly positive positions on various strands of climate policy, including renewable targets and GHG emissions regulation. In September 2021, Exelon tweeted in support of the economy-wide carbon tax under consideration in the Build Back Better Act. In April 2021, Reuters reported on a letter sent by Exelon and twelve other utilities to President Biden in which they advocated for policies to cut emissions by 80% below 2005 levels by 2030. Exelon has supported federal emissions standards on methane, directly advocating to the EPA to preserve methane regulations in November 2019 and supporting President Biden’s 2021 Executive Order to regulate methane emissions. Exelon has also consistently opposed the Minimum Offer Price Rule in the PJM market, releasing a press release in December 2019 stating that the rule undermined state renewable energy programs. It reiterated this position in April 2021 though comments submitted to FERC. In June 2019, former CEO Chris Crane was quoted by the Washington Examiner supporting a federal clean electricity standard, although a May 2021 earnings call transcript suggested the company was hesitant to support President Biden’s proposal for a Clean Energy Standard that did not include nuclear. On energy efficiency, Exelon has engaged at the federal level in 2020 for grants to improve the energy efficiency of public buildings, according to its Q2 2020 Lobbying Disclosure report.

Exelon has supported several regional emissions trading programs, submitting comments in support of the cap-and-invest structure of the Transportation and Climate Initiative in April 2021, as well as New Jersey’s re-entry into the Regional Greenhouse Gas Initiative in October 2020. At the state level, Exelon appeared to support renewable energy legislation in Illinois in September 2021 on the condition that two of the company’s nuclear plants receive subsidies; as reported by Reuters, it appears that the final energy bill included such provisions. In August 2021, Exelon subsidiary PECO testified in support of Pennsylvania House Bill 1080 to increase the solar energy target in the state’s Alternative Energy Portfolio Standard. In Maryland, Exelon appears to be advocating against solar energy policy: in February 2021, subsidiaries Pepco (distinct from PECO) and Delmarva Power testified in opposition to Maryland House Bill 569 which would double the state’s net metering capacity. In January 2021, Baltimore Gas and Electric (BGE) and Pepco submitted joint comments to the Maryland Public Service Commission emphasizing the increased costs from the proposed reporting requirements for community solar energy.

Positioning on Energy Transition: Exelon has a broadly positive position on the energy transition, although with some conditions on the roles for fossil gas and nuclear power which may not be fully aligned with IPCC recommendations. The company has been supportive of the Biden administration’s infrastructure proposal, advocating with C2ES in July 2021 for net-zero infrastructure investments. The Washington Examiner reported in September 2021 on Exelon’s support for the Clean Energy Performance Program within the budget reconciliation bill, in which utilities would be paid to generate increasing percentages of clean power and penalized if they failed to do so. On its corporate website, Exelon describes fossil gas as a “bridge to a clean future” without mentioning CCS or methane emissions abatement, while also identifying nuclear power as “fundamental” to the clean energy future and advocating for technology-neutral policy that treats all sources of zero-carbon generation fairly. According to Exelon’s 2021 federal lobbying disclosure reports, the company is advocating for “initiatives to preserve at-risk nuclear plants.” Additionally, in a May 2021 earnings call, former CEO Chris Crane expressed support for numerous policy proposals at the federal and state levels that value existing nuclear power. In January 2021, subsidiary BGE opposed Maryland House Bill 298, which would direct the Public Service Commission to consider climate change impacts in its regulations.

However, Exelon appears to support the electrification of transportation, as evidenced by its tweet in August 2021 supporting President Biden’s Executive Order for all new vehicles sold in 2030 to be zero-emissions. In March 2021, subsidiary Atlantic City Electric supported New Jersey’s 2025 target of putting 330,000 electric vehicles on the road by 2025. In January 2021, Exelon’s Maryland subsidiaries supported the state’s Clean Cars Act which would expand vehicle electrification. Exelon is also a member of the Ceres-led Corporate Electric Vehicle Alliance and the Electric Highway Coalition.

Industry Association Governance: Exelon discloses its contributions to industry associations on its corporate website and states in its 2020 sustainability report, without elaborating, that it advocates for change when the associations’ positions on climate diverge from the company’s own. Exelon is a member of the Edison Electric Institute, whose support for the proposed Clean Electricity Performance Program in the Biden administration reconciliation bill was at odds with the company’s own positive position. In addition, Exelon is a member of two trade associations that engage with highly negative positions on US climate policy: the American Gas Association, which recently lobbied against including a methane fee in the reconciliation bill, and US Chamber of Commerce, which has also opposed a range of climate provisions in the bill.

Strength of Relationship

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.