Earnings release
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Contact : ● ● Exelon . Paul Adams Corporate Communications 410-245-8717 ● Emily Duncan Investor Relations 312-394-2345 Earnings Release Highlights GAAP Net Income of $ 0.41 per share and Adjusted ( non - GAAP ) Operating Earnings of $ 0.89 per share for the second quarter of 2021 EXELON REPORTS SECOND QUARTER 2021 RESULTS Exhibit 99.1 News Release Reaffirming range for full year 2021 Adjusted ( non - GAAP ) Operating Earnings guidance of $ 2.60- $ 3.00 Exelon utilities announced the " path to clean " goal to reduce operations - driven emissions 50 % by 2030 against a 2015 baseline and achieve net - zero by 2050 Strong utility reliability performance all gas utilities achieved top decile in gas odor response and every utility achieved top quartile in outage frequency and outage duration Generation's nuclear fleet capacity factor was 93.7 % ( owned and operated units ) Orders in Pepco Maryland's electric multi - year plan , Pepco DC's electric multi - year plan , and PECO's gas rate cases were received in June . A settlement was also approved in the ACE electric rate case in July . CHICAGO ( Aug. 4 , 2021 ) — Exelon Corporation ( Nasdaq : EXC ) today reported its financial results for the second quarter of 2021 . " Ongoing investments in technology and infrastructure continue to drive high reliability and customer satisfaction across our six utilities , and today we announced a new ' path to clean ' goal that will put Exelon utilities on course to achieve net - zero emissions from operations by 2050 , " said Christopher Crane , president and CEO of Exelon . " We also are encouraged to see growing support at the federal level for policies that would value the clean energy from our nuclear fleet , but passage of legislation remains uncertain and , regardless , will come too late to save our Byron and Dresden plants from early retirement this fall . While we remain hopeful that a state solution will pass in time to save the plants , clean energy legislation in Illinois remains caught in negotiations over unrelated policy matters , leaving us no choice but to continue down the path of closing the plants . Looking ahead , we continue to execute our plan to separate our utility and generation businesses into two financially strong , independent companies , and we remain on track to close in the first quarter of 2022. " 1