Exelon subsidiary PECO withdraws rate case filings; Maryland utility regulation changes

EXELON CORP

PECO withdrew electric and gas rate filings with PA PUC, citing customer affordability; delays grid modernization investments.
Maryland Utility RELIEF Act passed, awaits governor's signature; modifies cost recovery rules for BGE, Pepco, DPL.
Exelon reaffirms FY2026 adjusted EPS guidance of $2.81-$2.91 and cumulative growth near top of 5-7% through 2029.
Exelon to redeploy and delay capital projects, pursue operational efficiencies to offset regulatory impacts.
Q1 2026 earnings call scheduled for May 6, 2026.

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