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CLAIM #23446 · EXC (EXC) · 2024Q4 earnings call · Feb 12, 2025 · due Dec 31, 2028

And we feel confident we can continue to keep our expense growth similarly limited over a planning horizon with an institutionalized team and culture committed to delivering value even when our jurisdictions look to expand ways in which we can support them.

Jean · CFO

PENDING
graded after results covering Dec 31, 2028 are reported

How to check this claim

Look at: Annual O&M (operating expense) growth rate, company-reported

It came true if: Annual O&M expense growth remains below general inflation rate each year through the plan horizon

Where: Company-disclosed O&M expense figures (10-K / earnings call commentary)

In context

ver forty years old, with one-third exceeding fifty years and some lower voltage transmission assets nearing ninety years. It is clear that there is no shortage of need to invest to serve our customers and communities well beyond our four-year plan. With some of the best-run utilities in the country, we are well-positioned to execute these opportunities while prioritizing reliability, resiliency, and affordability. Moving to slide twelve, our dedication to operational excellence encompasses a commitment to customer affordability, ensuring we deliver above value at the low average rate. Ability to deploy $38 billion of capital for the benefit of our customers over the next four years. This focus is saving our customers approximately five fifty standard inflation level over the last decade. And we feel confident we can continue to keep our expense growth similarly limited over a planning horizon with an institutionalized team and culture committed to delivering value even when our jurisdictions look to expand ways in which we can support them. As we have mentioned, we have taken advantage of our exclusive focus on energy delivery to standardize and streamline our organizational structure and operations. In 2024, this has resulted in approximately $100 million in executed sustainable savings initiatives with line of sight to many more opportunities to ensure we can keep raising the bar for the value we provide our customers. Operating as one Exelon Corporation has helped to identify unique and impactful opportunities. Like our cross-company project to identify best practices amongst our frontline distribution employees. This discipline further enhances the value of our investments. Which have improved reliability by 35% since 2016. Achieving some of the best reliability metrics in the industry while also maintaining bill metrics

Verify independently

SEC filings for EXC · Claim quote is verbatim from the 2024Q4 earnings call.