Who Owns ComEd?

• Parent Company:
• Ownership Type: Subsidiary
• Acquisition Year: 2000
• Company Type: Privately Held

• Founded: 1907
• Founders: Commonwealth Edison Company (internal development)
• Acquired by : 2000

• Founded:
• Headquarters:
• Company Type: Privately Held

• Headquarters: Chicago, Illinois, USA
• Manufacturing / Operations: United States

ComEd operates under Exelon Corporation's comprehensive sustainability framework, implementing environmental initiatives focused on renewable energy integration, smart grid modernization, and carbon reduction goals. As Illinois' largest electric utility serving approximately 4 million customers, ComEd has established itself as a leader in clean energy transition while maintaining grid reliability and supporting the state's ambitious climate goals.

100% Carbon-Free Energy Achievement: As of January 2023, ComEd's entire real estate portfolio is powered with 100% carbon-free energy generated primarily in northern Illinois. This achievement was made possible through a first-of-its-kind agreement with Constellation, the nation's largest producer of carbon-free energy. Unlike typical clean attribute purchases, ComEd's power usage is matched on an hourly basis with 100% carbon-free energy, creating an electric market that values zero-carbon generation when and where it's needed.

Exelon Path to Clean Initiative: ComEd participates in Exelon's broader climate action program, the Exelon Path to Clean, which aims to reduce operations-driven emissions by 50% by 2030 and achieve net zero emissions by 2050. In 2023 alone, ComEd's 54 facility locations were powered with over 70,000 MWh of carbon-free energy, avoiding more than 21,000 metric tons of carbon emissions that would have been associated with that energy use.

Smart Grid Modernization and Reliability: ComEd has invested significantly in smart grid technology over the past decade, resulting in an 80% improvement in overall reliability. These investments have avoided more than 19 million power outages for customers, saving more than $3.3 billion in outage-related costs. In 2022, 85% of ComEd customers experienced zero or one service interruption, demonstrating the effectiveness of grid modernization efforts.
LEED Platinum Certified Facilities: ComEd's Chicago North headquarters exemplifies the company's commitment to sustainability. The 104,000-square-foot facility was constructed using only energy-efficient products and methods, featuring solar panel arrays and heat pumps for all-electric heating and cooling systems. The building achieved LEED platinum certification, the highest-ranking sustainability achievement recognized by the Leadership in Energy and Environmental Design.

Electric Vehicle Infrastructure Support: To support Illinois' goal of putting 1 million electric vehicles on roads by 2030, ComEd is electrifying its own vehicle fleet and installing charging infrastructure across its facilities. The company targets converting 50% of its vehicle fleet to electric by 2030, with almost 1,000 all-electric, plug-in, hybrid, or idle-mitigation vehicles currently in service and 500 charging stations installed across carbon-free powered facilities.

Energy Efficiency and Customer Support: ComEd enables customers to achieve energy efficiency through various programs and technologies, including heat pump adoption and energy-efficient home improvements. The utility can meet 96% or more of customers' energy consumption with decarbonized energy sources on an hourly basis and plans to reach 100% compliance with the Climate and Equitable Jobs Act requirements.

Environmental Stewardship and Community Engagement: ComEd engages in community education about clean energy adoption and environmental responsibility. The company serves as a model for other utilities transitioning to sustainable energy practices, demonstrating how large-scale utilities can achieve carbon neutrality while maintaining service reliability.

Regulatory Compliance and Ethical Operations: As a regulated utility, ComEd maintains strict compliance with environmental regulations and ethical business practices. The company operates under Illinois regulatory oversight while implementing sustainability initiatives that benefit both customers and the broader community.

Innovation in Clean Energy Technology: ComEd continues to invest in advanced technologies that support grid modernization, renewable energy integration, and energy storage solutions that enhance system reliability while reducing environmental impact.

Climate Resilience and Adaptation: ComEd's infrastructure investments are designed to enhance climate resilience, protecting against extreme weather events while supporting the transition to a low-carbon energy economy in northern Illinois.

ComEd operates under Exelon Corporation's comprehensive sustainability framework while maintaining its distinct identity as Illinois' primary electric utility. The company participates in Exelon's environmental and social responsibility initiatives, including clean energy transition programs, carbon reduction goals, and ethical utility operations that align with its role in providing reliable electricity to millions of Illinois customers.

Clean Energy Transition Leadership: ComEd is actively involved in Illinois' clean energy transition through the implementation of the Climate and Equitable Jobs Act (CEJA). The company supports the state's goal of achieving 100% clean energy by 2050 through investments in renewable energy integration, grid modernization, and electric vehicle charging infrastructure. These initiatives support Illinois' position as a leader in clean energy adoption and climate action.

Carbon-Free Energy Achievement: ComEd has achieved significant milestones in carbon-free energy delivery, with over 50% of the electricity delivered to customers coming from carbon-free sources including nuclear, solar, and wind energy. The company supports Exelon's Path to Clean initiative, which aims to achieve net-zero emissions by 2050, demonstrating leadership in decarbonizing the electricity sector.

Grid Modernization and Smart Technology: ComEd's $2.6 billion grid modernization program represents one of the largest utility infrastructure investments in the United States. The company has implemented advanced metering infrastructure, smart grid technology, and distribution automation systems that improve reliability, reduce outages, and support the integration of renewable energy sources. These investments enhance grid efficiency while supporting the clean energy transition.

Energy Efficiency and Customer Programs: ComEd offers comprehensive energy efficiency programs that help customers reduce energy consumption and lower utility bills. The company's efficiency programs include rebates for energy-efficient appliances, home weatherization assistance, and business energy audits. These programs support environmental sustainability while making electricity more affordable for customers.

Environmental Stewardship and Conservation: ComEd maintains strong environmental stewardship programs focused on habitat protection, biodiversity conservation, and sustainable land management. The company's facilities have achieved LEED certification, demonstrating commitment to green building standards and environmental leadership in utility operations.

Ethical Business Practices and Regulatory Compliance: As a regulated utility, ComEd operates under strict ethical standards and regulatory oversight. The company maintains comprehensive compliance programs ensuring adherence to utility regulations, safety standards, and ethical business practices. ComEd's commitment to transparency and accountability supports customer trust and regulatory confidence.

Community Engagement and Social Responsibility: ComEd maintains strong community engagement programs through the ComEd Powering Lives initiative and community investments. The company supports STEM education through a learning center at its Chicago headquarters, contributes to community development programs, and partners with local organizations on social and environmental initiatives.

Workforce Development and Diversity: ComEd invests in workforce development programs emphasizing diversity, equity, and inclusion. The company's training programs focus on preparing employees for the changing energy landscape, including smart grid technology, renewable energy integration, and electric vehicle infrastructure deployment.

Electric Vehicle Infrastructure Support: ComEd is actively developing electric vehicle charging infrastructure across Illinois to support the growing adoption of electric transportation. The company's EV programs include residential charging incentives, public charging station deployment, and fleet electrification support, contributing to reduced transportation emissions.

Sustainable Supply Chain and Procurement: ComEd maintains sustainable procurement practices that prioritize environmental responsibility, ethical sourcing, and supplier diversity. The company's supply chain programs focus on reducing environmental impact while supporting local businesses and diverse suppliers.

Comed has received extensive recognition for outstanding reliability performance, customer service excellence, and innovation in utility operations. The brand's awards span national and regional recognition for reliability, climate action leadership, and communications excellence, establishing Comed as a leader in the electric utility industry.

2023 ReliabilityOne Outstanding System Reliability Award: ComEd was named the most reliable electric utility in America at PA Consulting's 23rd annual ReliabilityOne Awards. This prestigious recognition acknowledges ComEd's industry- and nation-leading reliability performance for the more than 9 million people it serves in northern Illinois. The award represents the culmination of a decade-long reliability improvement journey.

2023 ReliabilityOne Midwest Regional Award: In addition to the national recognition, ComEd received the 2023 ReliabilityOne Award for Outstanding Reliability Performance in the Midwest Region, demonstrating sustained leadership and innovation in electric reliability within its geographic service area.

2024 ReliabilityOne Awards for Outstanding Performance and Climate Action Leadership: ComEd continued its recognition streak by receiving both the 2024 ReliabilityOne Award for Outstanding Reliability Performance in the Midwest and an Outstanding Climate Action Leader award, highlighting the company's dual commitment to reliability and environmental sustainability.

Communications Excellence Recognition: ComEd won a communications award using Apogee Interactive's reliability report videos, demonstrating excellence in customer communication and transparency about reliability performance and grid modernization efforts.

J.D. Power Customer Satisfaction Rankings: ComEd consistently performs well in J.D. Power's U.S. Electric Utility Business Customer Satisfaction Study, reflecting strong customer satisfaction ratings and service quality recognition within the utility industry.
Industry Leadership in Grid Modernization: ComEd has been acknowledged as an industry leader in smart grid technology implementation and grid modernization efforts. The company's investments in advanced distribution systems and reliability technologies have been recognized as setting benchmarks for the utility industry.
Employee Recognition and Leadership Awards: ComEd President and COO Terence R. Donnelly received the Outstanding Contributor to Reliability award for his leadership throughout the grid modernization work and efforts to improve reliability for customers.
Environmental and Sustainability Recognition: The company's sustainability initiatives, including carbon-free energy achievements and LEED-certified facilities, have been acknowledged as demonstrating leadership in environmental stewardship within the utility sector.
Community Engagement and Education Recognition: ComEd's community programs, including the STEM learning center at its Chicago headquarters, have received recognition for contributing to education and community development in northern Illinois.
Regulatory Compliance and Safety Recognition: ComEd maintains recognition for regulatory compliance and safety standards, reflecting the company's commitment to operating within regulatory requirements while pursuing innovation and modernization initiatives.
Innovation in Technology Implementation: The company's adoption of advanced technologies for grid monitoring, customer service, and operational efficiency has been acknowledged as demonstrating innovation leadership in utility operations.

Comed has faced significant controversies related to rate increase requests, regulatory investigations, and customer affordability concerns, particularly during the implementation of Illinois' Climate and Equitable Jobs Act. These issues reflect broader challenges in the utility industry regarding infrastructure costs, regulatory oversight, and balancing customer interests with necessary grid investments.

2026 $15.3 Billion Grid Plan Controversy: In January 2026, ComEd filed a $15.3 billion, four-year grid plan with the Illinois Commerce Commission as part of the state's grid planning process under the Climate and Equitable Jobs Act. The plan, intended for implementation from 2028 to 2031, would increase residential customer costs by $2.50 to $3 per month starting in 2028, separate from standard rate increases. Consumer advocates who successfully reduced ComEd's initial 2023 plan are pushing back against the new filing.

Rate Increase and Affordability Concerns: ComEd customers faced multiple rate increases, including a $243 million rate increase approved in December 2025 that raised bills by approximately $3 per month. These increases, combined with the proposed grid plan costs, have raised concerns about electricity affordability for Illinois customers, particularly as energy demand grows from electric vehicles and electrification.

Attorney General Regulatory Action: Illinois Attorney General Kwame Raoul filed a complaint with the Federal Energy Regulatory Commission to reduce electricity capacity prices set to increase substantially on June 1 for ComEd customers. The filing reflects broader state-level concerns about electricity affordability and regulatory oversight of utility pricing mechanisms.
Data Center Agreement Objections: The Illinois Attorney General's office filed objections to ComEd's proposed transmission service agreements with data center developers, arguing that the agreements fail to adequately insulate ratepayers from potential costs of serving planned facilities. This controversy highlights tensions between utility expansion and consumer protection.
Customer Trust and Communication Challenges: ComEd has faced challenges in maintaining customer trust during periods of rate increases and regulatory uncertainty. The company has had to balance communication about infrastructure needs with customer concerns about affordability and transparency.
Regulatory Scrutiny and ICC Review Process: The Illinois Commerce Commission's 11-month review process for ComEd's grid plan has increased regulatory scrutiny of the company's investment proposals and rate requests, requiring detailed justification and consumer impact assessments.
Investigation and Lobbying Concerns: ComEd and parent company Exelon have faced investigations regarding lobbying activities and regulatory influence, particularly related to energy policy and rate-making processes in Illinois. These investigations have raised questions about the appropriate balance between utility influence and consumer protection.
Infrastructure Modernization Cost Recovery: The substantial investments required for grid modernization and clean energy transition have created debates about cost allocation between current ratepayers and future beneficiaries of infrastructure improvements.
Competitive Market Dynamics: As the energy landscape evolves with new competitors and technologies, ComEd has faced questions about market positioning and the appropriate balance between monopoly utility status and emerging competitive energy markets.
Environmental Impact Debates: While ComEd's sustainability initiatives have been praised, some stakeholders have raised questions about the environmental impact of large-scale infrastructure projects and the appropriate balance between grid reliability and environmental considerations.