Exelon flies to New Hampshire the week of its capital plan shift

Exelon flew from Boston to Lebanon, New Hampshire, on June 21, a 40-minute hop in its Falcon 7X that landed just before midday. The destination sits roughly 60 miles from Exelon’s fleet base at Lebanon Municipal Airport, where N496AC has logged multiple flights this month — including a June 18 trip between New Hampshire and Boston and a June 15 arrival from Denver.

The same week, Exelon’s CEO Calvin Butler was publicly recalibrating the utility’s $41.7 billion capital plan, pulling back on distribution spending and adding $1.5 billion in transmission projects, per a May 6 earnings call covered by TD World and E&E News. Butler told analysts “business as usual is not an option,” citing affordability pressures that led PECO to withdraw a $510 million rate case in Pennsylvania after pushback from Governor Josh Shapiro. The company is now targeting $350 million in operational savings by 2027.

The Upper Valley area is a recurring destination for Exelon’s fleet, which has visited Lebanon Municipal six times in the past ten days. While no public event ties directly to this specific Tuesday landing, the pattern suggests the region serves as a northeast logistics hub — perhaps a quiet perch for executive meetings or a convenient stop between Exelon’s Mid-Atlantic territory and its Chicago headquarters.