Exelon Advocates for Corporate Tax Deductions in Congress

TL/DR –

Exelon is lobbying Congress to alter how utilities calculate taxes under a law introduced in 2022, which established a 15% corporate minimum tax. The company argues that the power industry needs its own deductions on repair costs to determine tax liability, and has also submitted comments to the Treasury Department on this issue. At the same time, Exelon is also advocating for federal funding for the Low Income Home Energy Assistance Program, which the Trump administration proposed to eliminate in its 2026 budget.


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Exelon Fights for Industry-Specific Tax Deductions and Federal Funding Support

Exelon, one of the leading energy providers in the United States, is actively lobbying Congress in an attempt to influence the way utilities calculate their taxes. The company’s efforts are focused on the 15% corporate minimum tax established by the 2022 Inflation Reduction Act. Exelon is advocating for industry-specific deductions on repair costs as a key factor in determining tax liability. The energy corporation has made its stance known through RESILIENCE Act lobbying efforts and by submitting formal comments to the Treasury Department.

Parallel to tax-related issues, Exelon is also vying for federal funding for the Low Income Home Energy Assistance Program (LIHEAP), a program that faced complete elimination in the Trump administration’s fiscal 2026 budget proposal.

Increased Lobbying Expenditure

Exelon has been upping its lobbying efforts, with an increase in spending from the initially reported $420,000 to $500,000 in the second quarter of 2026, according to an amended disclosure filed in August. The company’s lobbying team consists of in-house lobbyists Matt Miller (Director, Federal Affairs), William Sauer (Vice President, Federal Regulatory Affairs), and Chris Duncan (Director). Exelon’s lobbying activities have resulted in the filing of 22 total lobbying reports and amendments from the third quarter of 2025 through the second quarter of 2026, amounting to $4.31 million spent on lobbying over the past four quarters.

Legislative Stance

The Inflation Reduction Act of 2022 introduced a new 15% corporate alternative minimum tax on adjusted financial statement income for large corporations, which has been a focal point for Exelon’s lobbying. The company has publicly backed the RESILIENCE Act, which addresses this minimum tax and is advocating for industry-specific tax deductions on repair costs.

Meanwhile, the proposed elimination of the Low Income Home Energy Assistance Program in the 2026 fiscal budget by the Trump administration has also prompted lobbying efforts from Exelon. The company also lobbied for legislation designating July 10 as Journeyman Lineworkers Recognition Day, a bipartisan resolution led by Representatives Sánchez, Fitzpatrick, Norcross, and Bresnahan with support from 143 colleagues.

Key Focus Areas

Exelon’s lobbying activities underline two major concerns: the need for favorable tax treatment under the corporate minimum tax framework, and the preservation of federal support for energy assistance programs for low-income households.

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