PROFILE 2019 | THE FORTUNE 500
CONTENT FROM EXELON
WWW.FORTUNE.COM/ADSECTIONS
EXELON CORPORATION AND ITS NETWORK OF UTILITIES
are reinventing the system that generates and delivers
power throughout the United States. As a Fortune 100
company that posted $36 billion in revenues in 2018,
Exelon is using its scale and reach to empower customers
and communities to use the energy system in new ways.
“Delivering clean energy to address climate change
while meeting the needs of our customers and the com-
munities we serve continues to drive Exelon’s business
results,” says Christopher M. Crane, president and CEO.
In 2018, Exelon invested heavily in generating and deliver-
ing more reliable, clean, and effi cient electricity, making
the company more resilient and fl exible in meeting
the demands of its 10 million customers. “We
envision future energy systems that are more
distributed and decentralized, with a power
grid that connects increasingly more sectors
of the economy, from telecommunications
to transportation,” says Anne Pramaggiore,
senior executive vice president and CEO of
Exelon Utilities. “The systems will offer more
choice for customers and communitiesand will be increasingly transactional, as more
people exchange information, products, and
services through the power grid.”
Pramaggiore cites the Bronzeville neighbor-
hood on Chicago’s South Side, where Exelon and
its electric company ComEd have developed an
innovative hub to demonstrate the concept of a
connected community beginning with a series
of microgrids. A microgrid is a mini version of
the larger electric grid, the interconnected wires,
poles, and power plants that supply electricity
to communities. Microgrids operate both when
connected to the main grid and as an “island”
whenever there is an interruption, meaning that
homes, businesses, schools, hospitals, and other
users always receive power. Bronzeville will be
one of the fi rst communities in the U.S. to host
interconnecting microgrids.
The Bronzeville system, partially powered by
rooftop solar energy in the local neighborhood,
also drives innovative community services, from
electric vehicle ride-sharing and smart streetlights
to a “sharing economy” app that allows custom-
ers to share their savings from Exelon’s energy
effi ciency programs with a local school, church, or
community organization. Pramaggiore says, “This
microgrid will make the system more localized and
resilient and allow us to experiment with both the
technical and social aspects of electric infrastruc-
ture like never before.”
Exelon is also working to cultivate the work-
force of the future necessary to reinvent energy
infrastructure by contributing $14 million to STEM
education programs nationwide and supporting
the Blue Collar to Green Collar Jobs Develop-
ment Act, a federal bill to enhance access to clean
energy jobs for underrepresented groups.
“Throughout the 20th century, customers
looked to electric companies like Exelon to deliver
safe, reliable, and affordable power, and that
responsibility won’t change,” says Pramaggiore.
“But they’re increasingly looking to us to power a
cleaner and brighter tomorrow, by addressing
challenges like climate change, enhancing social
equity, and forging truly connected communities.
It’s a challenge that Exelon embraces as we build
a next-generation company that can lead the way
in reinventing our energy system.”■Exelon is generating value for customers by investing
in its grid alongside new products and services.We’re Embracing Change
to Power Cleaner,Stronger, ConnectedCommunitiesANNE PRAMAGGIORE
Senior Executive Vice President and CEO
Exelon Utilities“We envision future energy
systems that are more distrib-
uted and decentralized.”