Global Infrastructure SherpaExelon to fund grid upgrades with savings from Treasury tax notice
Exelon plans to use the savings from the Treasury's CAMT notice to fund grid upgrades and create high-paying jobs. The Treasury's CAMT notice allows Exelon to avoid certain costs, potentially saving customers up to $200 million over four years.
Deal Analysis
- Exelon is leveraging Treasury tax notice savings for grid upgrades.
- Potential customer savings of up to $200 million over four years.
- Focus on transmission infrastructure development.
- Demonstrates the impact of government policy on utility investment decisions.
Source Intelligence
Exelon serves almost 11 million customers. Quote: Exelon, a major utility company serving almost 11 million customers, has commended the U.S. Department of the Treasury for issuing a corporate alternative minimum tax (CAMT) notice that addresses energy affordability for customers and allows for critical infrastructure investments.
"Exelon, a major utility company serving almost 11 million customers, has commended the U.S. Department of the Treasury for issuing a corporate alternative minimum tax (CAMT) notice that addresses energy affordability for customers and allows for critical infrastructure investments."
"Exelon, a major utility company serving almost 11 million customers, has commended the U.S. Department of the Treasury for issuing a corporate alternative minimum tax (CAMT) notice that addresses energy affordability for customers and allows for critical infrastructure investments."