Who Owns ComEd?
ComEd is owned by Exelon Corporation, a publicly traded American electric utility holding company. ComEd operates as Exelon's primary subsidiary in Illinois, providing electricity services to approximately 4 million customers in northern Illinois. The company is headquartered in Chicago, Illinois.
Parent Company
Exelon Corporation
Acquired
2000
Status
Private
Headquarters
Chicago, Illinois, USA
Who Owns ComEd?
- Parent Company: Exelon Corporation
- Ownership Type: Subsidiary
- Acquisition Year: 2000
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: EXC
| Brand | Parent Company | Ownership Type |
|---|---|---|
| ComEd | Exelon Corporation | Subsidiary |
History of ComEd
- Founded: 1907
- Founders: Commonwealth Edison Company (internal development)
- Acquired by Exelon Corporation: 2000
ComEd's history traces back to 1907 when Commonwealth Edison Company was founded to provide electricity to Chicago and surrounding areas. The company grew to become one of the largest electric utilities in the United States, serving the Chicago metropolitan area and northern Illinois. This founding vision demonstrated exceptional insight into the growing demand for electricity services while establishing a distinctive approach that would define the utility category for generations.
In 2000, Commonwealth Edison's parent company, Unicom Corporation, merged with PECO Energy Company to form Exelon Corporation. Following this merger, the company became known as ComEd and operated as Exelon's primary Illinois subsidiary. This strategic transformation demonstrated ComEd's exceptional ability to integrate into larger corporate structures while maintaining its core brand identity and market leadership in the Illinois utility market.
Under Exelon's ownership, ComEd has invested significantly in grid modernisation, infrastructure upgrades, and reliability improvements. The company has implemented advanced metering infrastructure, smart grid technology, and distribution automation systems to improve service quality and operational efficiency. This continued investment demonstrated ComEd's exceptional ability to adapt to changing technological advancements while maintaining its core brand values and commitment to quality utility services. ComEd continues to support the clean energy transition through investments in renewable energy integration and electric vehicle charging infrastructure. This continued evolution demonstrates ComEd's exceptional ability to maintain market leadership while adapting to changing energy landscapes and environmental requirements. The brand's continued success represents a significant milestone in the evolution of electric utilities and consumer-focused energy services.
About Exelon Corporation
Exelon Corporation is an American electric utility holding company that operates through six regulated utility subsidiaries serving customers across the eastern and midwestern United States. The company is recognized as an industry leader with best-in-class operations, achieving top quartile or better performance in customer satisfaction, reduced outage frequency, and faster service restoration.
The company operates in the regulated utility business, providing electricity and natural gas services to residential, commercial, and industrial customers. Exelon's utilities serve over 10 million customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey, Washington, D.C., and surrounding regions.
Exelon employs approximately 34,000 people and maintains a strong focus on infrastructure investment, grid modernisation, and reliable energy delivery. The company is committed to supporting the clean energy transition and has made significant investments in renewable energy infrastructure and grid technology.
- Founded: 2000
- Headquarters: Chicago, Illinois, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: EXC
Where Is ComEd Made / Based?
- Headquarters: Chicago, Illinois, USA
- Manufacturing / Operations: United States
Brands Owned by Exelon Corporation
- Atlantic City Electric - New Jersey-based electric utility company serving hundreds of thousands of custo...
- Baltimore Gas and Electric - Maryland-based electric and natural gas utility company serving millions of cust...
- Delmarva Power - Delaware and Maryland-based electric and natural gas utility company serving hun...
- PECO Energy Company - Pennsylvania-based electric and natural gas utility company serving millions of ...
- Pepco - Washington, D.C. and Maryland-based electric utility company serving hundreds of...
ComEd Ownership: Pros & Cons
Advantages
- +Access to Exelon's financial resources and operational expertise
- +Investment in grid modernisation and infrastructure upgrades
- +Integration with largest regulated utility company in the United States
- +Strong focus on reliability and customer service
- +Support for clean energy transition and renewable energy integration
- +Operational stability backed by Exelon's financial strength and experience
Considerations
- -Regulatory oversight from Illinois Public Utilities Commission
- -Dependency on parent company strategic decisions and capital allocation
- -Integration challenges managing Illinois-specific market conditions and regulations
- -Environmental compliance requirements across service territory
- -Exposure to weather-related impacts on customer demand and operations
- -Rate regulation limiting pricing flexibility
- -Political and regulatory risk in Illinois
Frequently Asked Questions About ComEd
Competitors to ComEd
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Southern Company | USA | 1906 | Mass Market | North America | All Genders | |
| Dte Energy | USA | 1903 | Mass Market | North America | All Genders | |
| Engie | Belgium | 1905 | Mass Market | Global | All Genders | |
| Southern Company | USA | 1902 | Mass Market | North America | All Genders | |
| Southern Company | USA | 1910 | Mass Market | North America | All Genders | |
| Southern Company | USA | 2001 | Mass Market | North America | All Genders |
Learn More About Competitors

Alabama Power
Owned by Southern Company
Alabama-based electric utility company serving millions of customers across the state, owned by Southern Company.

DTE Electric
Owned by DTE Energy Company
Michigan-based electric utility company serving millions of customers in Southeast Michigan and the thumb region, owned by DTE Energy Company.

Electrabel
Owned by ENGIE
Belgium-based electricity generation and supply company serving millions of customers, owned by ENGIE.

Georgia Power
Owned by Southern Company
Georgia-based electric utility company serving millions of customers across the state, owned by Southern Company.

Mississippi Power
Owned by Southern Company
Mississippi-based electric utility company serving customers along the Gulf Coast, owned by Southern Company.

Southern Power
Owned by Southern Company
Wholesale power generation company serving utilities and municipalities across the United States, owned by Southern Company.
Competitive Analysis
Market Positioning: ComEd competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Exelon Corporation Stock Information
Jobs at Exelon Corporation
Latest News About ComEd
Related Articles About ComEd
View more articlesMonthly M&A Roundup: February 2026 Brand Ownership Changes
From Keurig Dr Pepper's planned split to the Netflix-WBD saga, here is every major brand ownership change and deal in February 2026.
The Most Acquired Categories: Tech vs CPG vs Pharma
Which industries see the most brand acquisitions? We compared technology, consumer goods, and pharmaceuticals to find out where the most M&A activity happens and why.
The Truth About 'Made in America' Brand Claims
Many brands market themselves as American-made. But what does that actually mean when the parent company is foreign, the parts come from overseas, and 'assembled in USA' is not the same as 'made in USA'?
People Also Searched
Discover popular brands and companies in the Energy & Utilities category and related searches from other users.

Adani Green Energy
Indian renewable energy company providing solar and wind power solutions, owned by Adani Group.

Adani Power
Indian power generation company providing thermal and renewable energy solutions, owned by Adani Group.

Alabama Power
Alabama-based electric utility company serving millions of customers across the state, owned by Southern Company.





