Exelon Commends Treasury Tax Notice That Can Save Customers $200M

Treasury's corporate minimum tax notice allows Exelon to avoid costs, funding grid upgrades and jobs.

Published on Feb. 25, 2026

Got story updates? Submit your updates here. ›

Exelon, a major utility company serving almost 11 million customers, has commended the U.S. Department of the Treasury for issuing a corporate alternative minimum tax (CAMT) notice that addresses energy affordability for customers and allows for critical infrastructure investments. This action can save customers up to $200 million over four years and make it more cost-effective for Exelon to invest in grid upgrades and reliability.

Why it matters

The notice comes as Exelon launches initiatives to address energy affordability concerns and bring energy supply costs under control. Investments are urgently needed to harden the grid and minimize disruption from potentially more severe and longer outages, while also keeping customer bills low amid rising demand and limited supply.

The details

The Treasury's CAMT notice allows Exelon to avoid certain costs, potentially saving customers up to $200 million over four years. This will help fund grid upgrades and create high-paying jobs. Exelon says demands on the grid are expected to grow rapidly due to aging infrastructure, the onshoring of manufacturing, more frequent physical and cyber security threats, and the need for additional computing power driven by artificial intelligence.

  • The Treasury Department issued the CAMT notice on February 19, 2026.

The players

Exelon

A Fortune 200 company and one of the nation's largest utility companies, serving almost 11 million customers through six fully regulated transmission and distribution utilities.

U.S. Department of the Treasury

The federal agency that issued the corporate alternative minimum tax (CAMT) notice.

Calvin Butler

President and CEO of Exelon.

Congressman Brad Schneider

A Democratic representative from Illinois who has sponsored bipartisan legislation addressing the impact of CAMT on customer bills.

Congresswoman Carol Miller

A Republican representative from West Virginia who has sponsored bipartisan legislation addressing the impact of CAMT on customer bills.

Got photos? Submit your photos here. ›

What they’re saying

“We appreciate the Treasury Department's common-sense decision because we share customers' frustration over high energy costs and we are looking at every meaningful solution to address them.”

— Calvin Butler, President and CEO of Exelon (Business Wire)

“Today's action is one step toward addressing affordability concerns as it adds high paying jobs to the economy and helps secure the reliability and resilience of the grid.”

— Calvin Butler, President and CEO of Exelon (Business Wire)

What’s next

Exelon plans to use the savings from the Treasury's CAMT notice to fund grid upgrades and create high-paying jobs, while also continuing its efforts to address energy affordability through initiatives like its $60 million Customer Relief Fund and energy efficiency programs.

The takeaway

The Treasury's CAMT notice provides Exelon with a meaningful opportunity to invest in critical grid infrastructure and support energy affordability for its customers, demonstrating how policy decisions can have a tangible impact on both reliability and cost of service.