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Accounts Receivable (Tables)

9 Months Ended

Sep. 30, 2024

Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]

Allowance for credit loss rollforward

The following tables present the rollforward of Allowance for Credit Losses on Customer Accounts Receivable.

			Three Months Ended September 30, 2024
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
Balance at June 30, 2024			$	372					$	112					$	112					$	45					$	103					$	53					$	16					$	34
Plus: Current period provision for expected credit losses(a)(b)(c)			84						16						28						20						20						12						4						4
Less: Write-offs(d), net of recoveries(e)			30						7						5						5						13						7						3						3
Balance at September 30, 2024			$	426					$	121					$	135					$	60					$	110					$	58					$	17					$	35
			Three Months Ended September 30, 2023
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
Balance at June 30, 2023			$	323					$	67					$	101					$	50					$	105					$	50					$	21					$	34
Plus: Current period provision for expected credit losses			72						24						13						9						26						11						6						9
Less: Write-offs, net of recoveries			54						15						19						7						13						5						4						4
Balance at September 30, 2023			$	341					$	76					$	95					$	52					$	118					$	56					$	23					$	39
			Nine Months Ended September 30, 2024
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
Balance at December 31, 2023			$	317					$	69					$	95					$	46					$	107					$	52					$	19					$	36
Plus: Current period provision for expected credit losses(c)(f)(g)			221						77						63						34						47						30						8						9
Less: Write-offs(d)(h)(i), net of recoveries(e)			112						25						23						20						44						24						10						10
Balance at September 30, 2024			$	426					$	121					$	135					$	60					$	110					$	58					$	17					$	35
			Nine Months Ended September 30, 2023
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
Balance at December 31, 2022			$	327					$	59					$	105					$	54					$	109					$	47					$	21					$	41
Plus: Current period provision for expected credit losses			144						45						32						23						44						24						10						10
Less: Write-offs, net of recoveries			130						28						42						25						35						15						8						12
Balance at September 30, 2023			$	341					$	76					$	95					$	52					$	118					$	56					$	23					$	39

_________

(a)For PECO, the increase is primarily a result of increased aging of receivables.

(b)For BGE and ACE, the change is primarily a result of changes in customer risk profile. For BGE, also reflects increased receivable balances.

(c)For DPL, the decrease is primarily a result of decreased receivable balances.

(d)For PECO, the decrease is primarily a result of decreased disconnection activities.

(e)Recoveries were not material to the Registrants.

(f)For PECO and ComEd, the increase is primarily a result of increased aging of receivables.

(g)For BGE and Pepco, the increase is primarily a result of changes in customer risk profile. For BGE, also reflects increased receivable balances.

(h)For BGE, the decrease is primarily a result of increased collection activities.

(i)For Pepco and DPL, the increase is primarily attributable to unfavorable customer payment behavior.

The following tables present the rollforward of Allowance for Credit Losses on Other Accounts Receivable.

			Three Months Ended September 30, 2024
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
Balance at June 30, 2024			$	108					$	29					$	20					$	5					$	54					$	34					$	7					$	13
Plus: Current period provision (benefit) for expected credit losses(a)			7						10						1						3						(7)						(8)						—						1
Less: Write-offs, net of recoveries(b)			4						—						1						2						1						—						—						1
Balance at September 30, 2024			$	111					$	39					$	20					$	6					$	46					$	26					$	7					$	13
			Three Months Ended September 30, 2023
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
Balance at June 30, 2023			$	87					$	18					$	8					$	8					$	53					$	31					$	9					$	13
Plus: Current period provision (benefit) for expected credit losses			6						3						2						3						(2)						(2)						—						—
Less: Write-offs, net of recoveries			5						1						2						2						—						—						—						—
Balance at September 30, 2023			$	88					$	20					$	8					$	9					$	51					$	29					$	9					$	13
			Nine Months Ended September 30, 2024
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
Balance at December 31, 2023			$	82					$	17					$	8					$	7					$	50					$	28					$	8					$	14
Plus: Current period provision (benefit) for expected credit losses(a)(c)			43						25						15						4						(1)						(2)						(1)						2
Less: Write-offs, net of recoveries(b)			14						3						3						5						3						—						—						3
Balance at September 30, 2024			$	111					$	39					$	20					$	6					$	46					$	26					$	7					$	13
			Nine Months Ended September 30, 2023
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
Balance at December 31, 2022			$	82					$	17					$	9					$	10					$	46					$	25					$	7					$	14
Plus: Current period provision for expected credit losses			21						6						3						5						7						4						2						1
Less: Write-offs, net of recoveries			15						3						4						6						2						—						—						2
Balance at September 30, 2023			$	88					$	20					$	8					$	9					$	51					$	29					$	9					$	13

_________

(a)For Pepco, the decrease is primarily a result of decreased receivable balances.

(b)Recoveries were not material to the Registrants.

(c)For PECO and ComEd, the increase is primarily a result of increased aging of receivables.

Unbilled customer revenue

The following table provides additional information about unbilled customer revenues recorded in the Registrants' Consolidated Balance Sheets at September 30, 2024 and December 31, 2023.

			Unbilled customer revenues(a)
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
September 30, 2024			$	812					$	338					$	149					$	135					$	190					$	83					$	46					$	61
December 31, 2023			991						351						185						208						247						109						64						74

__________

(a)Unbilled customer revenues are classified in Customer accounts receivable, net in the Registrants' Consolidated Balance Sheets.

Purchases of accounts receivable

For the nine months ended September 30, 2024 and 2023 the Utility Registrants were required, under separate legislation and regulations in Illinois, Pennsylvania, Maryland, District of Columbia, Delaware, and New Jersey, to purchase certain receivables from alternative retail electric and, as applicable, natural gas suppliers that participated in the utilities' consolidated billing. The following table presents the total receivables purchased.

			Total receivables purchased
			Exelon						ComEd						PECO						BGE						PHI						Pepco						DPL						ACE
Nine months ended September 30, 2024			$	3,177					$	750					$	854					$	606					$	967					$	607					$	191					$	169
Nine months ended September 30, 2023			3,124						726						843						628						927						600						174						153

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Tabular disclosure of allowance for credit loss on accounts receivable.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
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