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Why the Bipartisan Infrastructure Package is Essential to a Brighter Future for Our Climate and the Economy

Exelon’s utilities are investing in the electric grid, making it more resilient and best able to support a transition to electric vehicles. As the nation’s largest electric and gas utility company in the country, the six Exelon utilities have the privilege of serving customers across the Mid-Atlantic and in Illinois. On behalf of those customers, it is critical that the Bipartisan Infrastructure Package, approved by the Senate and awaiting House action, is passed.
At Exelon, we are committed to keeping costs affordable for customers and supporting the clean energy jobs we need to rebuild our economy. In coordination with our community partners, we strive to take on the challenges and opportunities related to climate change, economic development, and improved quality of life. We harness the strength and capabilities of our six utilities, delivering clean-energy services and technology solutions that enhance our customers’ lives and help our communities thrive. That’s why the leaders of our six utilities and I sent letters urging Congress to act on the bipartisan infrastructure package.
This package is essential for our communities, climate, economy, and for a brighter future. The major cities we serve experience significantly higher rates of unemployment than the nation’s average and higher rates of poverty, due to racial and economic inequities. The challenges our communities have experienced during the pandemic underscore the need for such infrastructure advances and the jobs the package would create. Supporting the resilience of the grid and other essential infrastructure investments will improve lives.
Our priority is safely delivering affordable, reliable, clean energy to the customers and communities we serve. This includes ambitious plans to electrify half our vehicle fleet by 2030 and achieve net-zero operations-driven emissions by 2050. This work, however, requires robust investments in the grid to make it more resilient, and more capable of integrating clean energy resources, as well as to help it efficiently meet the increased demand for electricity associated with transportation electrification. That’s why the infrastructure package is so important. It commits billions of dollars to assist the utility industry as we work to improve the resilience of the grid and advance its modernization. The bill has a variety of other essential infrastructure improvements – from safer roads and bridges to improved access to broadband – that will also improve the lives of our customers, neighbors, and families.
Bipartisan approval of this historic package of much-needed infrastructure programs will make our nation more competitive and create millions of good jobs. Exelon and its operating companies stand ready to partner with federal and state leaders in delivering on the promise of the bipartisan infrastructure package.
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