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In a press release Exelon says it is fighting to get energy costs under control by: “[F]ighting for real fixes to high energy costs, including market price controls and utility-generated power to address the energy supply crisis at the heart of high energy costs.

Exelon points to three primary reasons why energy costs are rising.

• Limited Supply – “The pace of new energy supply isn’t keeping up with rising demand. And when something is in limited supply, it becomes more expensive. The price our customers pay for the energy we deliver has as much as doubled over the past five years. The pace of new energy supply  isn’t keeping up with rising demand. And when something is in limited supply, it becomes more expensive. Energy prices are driven by the competitive market, where private energy companies sell power to utilities and customers. Public utility companies like Exelon are subject to strict regulation and our profits are capped, unlike private energy corporations.   On this front, the utility goes on to portend that, “Utility‑owned generation adds new energy supply under public oversight, helping reduce costs and strengthen reliability. An analysis shows this approach could save customers $9–$20 billion, lower the risk of outages, and provide more stable bills over time—while including strong protections to ensure customers only pay for prudent, necessary investments.”
• Skyrocketing demand – “Today’s world demands energy 24 hours a day, 7 days a week to power how we live, work, learn and communicate. In fact, U.S. energy demand is projected to increase 25% by 2030. This historic demand drives up prices for already-limited energy resources.”
• Aging infrastructure – “Staying ahead of the energy needs of tomorrow requires investments that strengthen the energy grid today. Our industry is changing more now than at any point in the past century, and to control costs, ensure reliability and power the future, we need a smarter and stronger energy ecosystem.”