Exelon (EXC): ComEd Announces Start of V2G Charging Pilot’s Testing Phase

Exelon Corporation (NASDAQ:EXC) is one of the Best Electric Utility Stocks to Buy According to Analysts. On September 10, ComEd, which is a unit of Exelon Corporation (NASDAQ:EXC), announced the start of its vehicle-to-grid (V2G) charging pilot’s testing phase with 3 Illinois school districts. The V2G charging pilot will evaluate the technology, which can allow bidirectional charging with electric school buses to enhance energy optimization, support grid stability, and develop new ways for customers to potentially lower their energy usage during peak demand times. The V2G pilot is one of 8 pilots outlined in ComEd’s multi-year Beneficial Electrification (BE) plan.

Exelon (EXC): ComEd Announces Start of V2G Charging Pilot’s Testing Phase

ComEd announced the recently approved second BE plan, which continues the investments started as part of BE Plan 1 and prioritizes funding for V2G as part of the BE Research and Development Program for the 2026-2028 period. Elsewhere, Exelon Corporation (NASDAQ:EXC)’s Q2 2025 performance demonstrates its disciplined execution throughout all fronts. The company delivered Q2 2025 adjusted operating earnings of $0.39 per share. Furthermore, Exelon Corporation (NASDAQ:EXC) reaffirmed its operating EPS compounded annual growth of 5%-7% from 2024 to 2028.

Exelon Corporation (NASDAQ:EXC) is engaged in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, as well as distribution of natural gas to retail customers.

While we acknowledge the potential of EXC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EXC and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.