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Exelon Commends U.S. Department of the Treasury for Issuing Tax Notice that Addresses Affordability, Promotes Grid Investment
Exelon has praised the U.S. Department of the Treasury for a new corporate alternative minimum tax (CAMT) notice, which is expected to save customers up to $200 million over four years and encourage vital infrastructure investments for grid reliability. This announcement, coupled with Exelon’s “The Exelon Promise” initiative, aims to tackle energy affordability by supporting customers and investing in the grid. The company emphasizes the urgent need for grid hardening due to rising demand and threats, thanking Congress for leadership on the CAMT issue.