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Illinois Commerce Commission Approves ComEds Multi-Year Grid Plan

December 21, 2024
Exelon Corporation (EXC), a leading energy provider, has received approval from the Illinois Commerce Commission for ComEd's refiled multi-year grid plan. This plan aims to advance the economic climate and equity goals of the region while providing various benefits. With an estimated cost of $4.4 billion, the approved project is expected to generate $7 billion in benefits and keep rates below the metro averages. This news has caused implied volatility to surge for Exelon's stock options, making it an interesting opportunity for investors. For a reliable forecast on the future movement of EXC's stock, it is recommended to consult professionals from Stocks Prognosis.
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