Who owns Baltimore Gas and Electric?
Baltimore Gas and Electric is owned by Exelon (the United States, Nasdaq: EXC).[1]
Evidence: Exelon Corporation Annual Report on Form 10-K filed 2026-02-12, SEC EDGAR, 12 February 2026. Verified from filings; last checked .
Key facts
- Current owner
- Exelon Corporation verified
- Owner HQ
- 🇺🇸 United States
- Origin
- 🇺🇸 United States
- Category
- Energy › Power & utilities › Electric utilities
- Parent ticker
- Nasdaq: EXC
- Last verified
- · 1 sources
About Baltimore Gas and Electric
Baltimore Gas and Electric Company (BGE) delivers electricity and natural gas in central Maryland including Baltimore, per Exelon's 2025 10-K, which says Exelon owns 100% of it.
What Exelon's annual report says about Baltimore Gas and Electric
Sentences about Baltimore Gas and Electric from Exelon's latest annual filing[1], copied word for word.
February 12, 2026 94 Table of Contents Management's Report on Internal Control Over Financial Reporting The management of Baltimore Gas and Electric Company (BGE) is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Act Rule 13a-15(f).
How often Exelon names Baltimore Gas and Electric in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named more often than it was three years earlier.
Ownership timeline of Baltimore Gas and Electric
Where Baltimore Gas and Electric sits in Exelon
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Exelon ownership tree →
See the full Exelon brand portfolio (6) →
Other brands owned by Exelon
Exelon controls 6 brands on Brandtree, 6 of them in energy.
Also in energy
Other brands in electric utilities, and who owns them
Exelon has more brands in electric utilities on Brandtree than any other owner: 6 of 47.
| Brand | Owner | Owner based in |
|---|---|---|
| Caribbean Utilities Company | Fortis | 🇨🇦 Canada |
| Alabama Power | Southern Company | 🇺🇸 United States |
| Empire District Electric | Algonquin Power | 🇨🇦 Canada |
| Chubu Electric Power | Chubu Electric Power | 🇯🇵 Japan |
| Dominion Energy South Carolina | Dominion Energy | 🇺🇸 United States |
| Kentucky Utilities | PPL | 🇺🇸 United States |
| Wisconsin Electric Power Company | WEC Energy Group | 🇺🇸 United States |
| AES Ohio | AES | 🇺🇸 United States |
About the owner: Exelon
Exelon is a publicly listed company headquartered in United States. Brandtree records 6 brands under its control, and it is listed as Nasdaq: EXC.
Exelon's 2025 Form 10-K describes it as a utility services holding company engaged in energy transmission and distribution through six segments: ComEd, PECO, BGE, Pepco, DPL and ACE. It says Exelon owned 100% of all of its significant subsidiaries at the end of 2025, directly or indirectly, except Commonwealth Edison, of which it owns more than 99%.
🇺🇸 Baltimore Gas and Electric and other American brands
Brandtree records a controlling owner for 2,399 brands that began in the United States. 461 of them (19%) are now controlled by a company headquartered in another country; Baltimore Gas and Electric is not one of them.
- AES Ohio — AES 🇺🇸
- Agway Energy Services — Suburban Propane 🇺🇸
- Alabama Power — Southern Company 🇺🇸
- AmeriGas — UGI 🇺🇸
- American Transmission Company — WEC Energy Group 🇺🇸
- Arch Resources — Core Natural Resources 🇺🇸
Frequently asked questions
Who is the parent company of Baltimore Gas and Electric?
The parent company of Baltimore Gas and Electric is Exelon, a publicly listed company headquartered in the United States.
Is Baltimore Gas and Electric American?
Yes. Baltimore Gas and Electric originated in the United States and its owner, Exelon, is also headquartered in the United States.
Is Baltimore Gas and Electric still owned by Exelon?
Yes. As of 9 October 2026, Baltimore Gas and Electric is still owned by Exelon. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Exelon Corporation Annual Report on Form 10-K filed 2026-02-12 — SEC EDGAR, SEC Form 10-K, published 12 February 2026; retrieved 5 October 2026.
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