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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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Investor opinions & comments:

While it's great that Exelon's multi-year grid plan has been approved, I'm skeptical about the cost. $4.4 billion is a substantial amount, and I wonder if it could have been used in other ways to benefit the region
— from GrowthGina at 12-24-2024 07:36
I've heard a lot about Exelon's stock options lately, especially with the surge in implied volatility. It seems like there might be some interesting investment opportunities here
— from FinanceFred at 12-24-2024 00:24
I'm not convinced that Exelon's stock options are a good investment opportunity just because of the surge in implied volatility. Investing in stocks should be based on thorough analysis and not just short-term fluctuations
— from MoneyMia at 12-22-2024 21:18
This is great news for Exelon! Their multi-year grid plan has been approved by the Illinois Commerce Commission, which means they can move forward with their goals to advance the economic climate and equity in the region
— from CalebBishop at 12-21-2024 19:50
I'm really curious to see how this multi-year grid plan will benefit the region. $7 billion in benefits is a significant amount, and I'm interested to see how it will impact rates for consumers
— from DividendDiane at 12-21-2024 06:41
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Other news for EXC

EXCApril 22, 2025EXELON CORPORATION Stock Hits Price Target, Delivering Profit of 8.45%  ~1 min.

QuantWave's forecast for EXELON CORPORATION stock proved to be accurate as the price target was successfully reached on April 22, 2025....

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EXELON CORPORATION has successfully hit its forecast price target on the QuantWave platform, resulting in a profit of 10....

EXCApril 3, 2025EXELON CORPORATION Stock Hits Price Target, Yielding 8.95% Profit on QuantWave Forecast  ~1 min.

On February 24, 2025, QuantWave, the automated forecasting platform, issued a long signal for EXELON CORPORATION stock when it was trading at $42.97....

EXCApril 3, 2025Exelon Corporation Stock Hits Forecast Price Target, Generating 10.45% Profit  ~2 min.

Exelon Corporation's stock recently achieved the price target forecast set by QuantWave, resulting in a profitable outcome for investors....

EXCApril 3, 2025EXELON CORPORATION Hits Price Target Forecast with 9.56% Profit Gain  ~2 min.

On March 7, 2025, QuantWave, an automated forecasting platform, issued a long signal for EXELON CORPORATION with a price target forecast of 46.81 USD. The stock was trading at 42....



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