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CLAIM #23407 · EXC (EXC) · 2024Q2 earnings call · Aug 1, 2024 · due Dec 31, 2024

Next, we are focused on executing on the financial guidance we laid out, including investing $7.4 billion of capital with a balanced funding strategy and earning a consolidated 9% to 10% return on equity allowing us to deliver in our earnings guidance range of $2.40 to $2.50 per share.

Calvin Butler · CEO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

weather is increasingly important. We also remain highly focused on being responsive to our customers’ increasing engagement with the grid, whether it’s accommodating new solar performing efficiency audits are supporting their transition to electric vehicles, reaching fair and balanced rate case outcomes that allow us to invest with the benefit of our customers is another critical focus. As you heard from Jeanne, we have a number of proceedings we expect to conclude in the second half of the year, and we’re optimistic about the clarity that will bring for the next several years of our plan. Building a reliable and modern grid requires reliable and modern rate making, and we’ll continue to work with stakeholders to ensure that we are all aligned as we work to meet each state energy goals. Next, we are focused on executing on the financial guidance we laid out, including investing $7.4 billion of capital with a balanced funding strategy and earning a consolidated 9% to 10% return on equity allowing us to deliver in our earnings guidance range of $2.40 to $2.50 per share. And as always, we’re focused on ensuring all customers are benefiting from the generational energy transformation that’s just getting underway. In late June, many of you saw that we joined a FERC proceeding to raise concerns about the way co-located customers share some of the cost of the grid that they can rely on. Exelon and AEP may have been the first to share those concerns, but many others have now echoed similar perspectives. There’s no question that co-location offers a unique opportunity for our jurisdictions to attract business in an exciting emerging industry, and we welcome supporting our customers in this work. Serving more customers than any other utility in some of the largest, most critical cities in the country, we are a leader in investing in the energy transformation and

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SEC filings for EXC · Claim quote is verbatim from the 2024Q2 earnings call.