# Who does Exelon pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/exelon · Facet: suppliers · Updated: 2026-07-12T03:54:59.471+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Exelon discloses no named confirmed suppliers/cost counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-07-12).

### 전력설비 capex (송배전·변압기) (high)
- metric: Capital spending 41 USD_bn · 4년 인프라 투자계획
- note: Plans ~$41B over four years to 2029 for electric/gas infrastructure (smart grid, equipment, transformers, transmission). Reallocated $1.1B out of distribution into $1.5B more transmission, targeting 16% annual transmission rate-base growth.
- [confirms] TIKR (KO, analysis, published 2026-06-25) https://www.tikr.com/ko/blog/exelon-stock-q1-2026-a-41-7-billion-capital-pivot-and-a-47-total-return-case: "Maintains a $41.7B total capital plan through 2029, adding $1.5B to transmission capital to target 16% transmission rate-base growth."
- [confirms] SEC EDGAR (EN, filing, published 2026-02-12) https://www.sec.gov/Archives/edgar/data/1109357/000110935726000018/exc-20251231.htm: "The Utility Registrants anticipate investing approximately $41 billion over the next four years in electric and natural gas infrastructure improvements and modernization projects, including smart grid technology... and transmission projects."

### 도매 전력시장 (PJM·승인 입찰) (high)
- metric: cost 7.94 USD_bn · Purchased power
- note: Procures electricity for default-service customers from approved bidders or the PJM wholesale markets. FY2025 Purchased power $7.94B (FY24 $8.21B, FY23 $7.65B). PJM operates the regional energy, capacity and wholesale markets.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-12) https://www.sec.gov/Archives/edgar/data/1109357/000110935726000018/exc-20251231.htm: "The Utility Registrants procure electricity supply from various approved bidders or from purchases on the PJM operated markets. ... Purchased power 7,944 8,214 7,648."

Reverse side: https://valuechain.wiki/exelon/customers.md · Ripple: https://valuechain.wiki/exelon/ripple.md

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Full node: https://valuechain.wiki/exelon.md · JSON: https://valuechain.wiki/exelon.json