Allowance change due to sale of customer accounts

[Table of Contents](#i0fa971ac9e834218957059819155291f_10)Combined Notes to Consolidated Financial Statements(Dollars in millions, except per share data unless otherwise noted)  
Note 6 — Accounts Receivable6. Accounts Receivable (All Registrants)Allowance for Credit Losses on Accounts Receivable (All Registrants)The following tables present the rollforward of Allowance for Credit Losses on Customer Accounts Receivable.

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|  | Year Ended December 31, 2021 |
|  | Exelon |  |  |  | ComEd |  | PECO |  | BGE |  | PHI |  | Pepco |  | DPL |  | ACE |
| Balance as of December 31, 2020 | $ | 366  |  |  |  |  | $ | 97  |  |  | $ | 116  |  |  | $ | 35  |  |  | $ | 86  |  |  | $ | 32  |  |  | $ | 22  |  |  | $ | 32  |  |
| Plus: Current period provision for expected credit losses(a) | 126  |  |  |  |  | 21  |  |  | 23  |  |  | 15  |  |  | 37  |  |  | 13  |  |  | 6  |  |  | 18  |  |
| Less: Write-offs, net of recoveries(b)(c) | 117  |  |  |  |  | 45  |  |  | 34  |  |  | 12  |  |  | 19  |  |  | 8  |  |  | 10  |  |  | 1  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Balance as of December 31, 2021 | $ | 375  |  |  |  |  | $ | 73  |  |  | $ | 105  |  |  | $ | 38  |  |  | $ | 104  |  |  | $ | 37  |  |  | $ | 18  |  |  | $ | 49  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Year Ended December 31, 2020 |
|  | Exelon |  |  |  | ComEd |  | PECO |  | BGE |  | PHI |  | Pepco |  | DPL |  | ACE |
| Balance as of December 31, 2019 | $ | 243  |  |  |  |  | $ | 59  |  |  | $ | 55  |  |  | $ | 12  |  |  | $ | 37  |  |  | $ | 13  |  |  | $ | 11  |  |  | $ | 13  |  |
| Plus: Current period provision for expected credit losses(d) | 248  |  |  |  |  | 62  |  |  | 79  |  |  | 30  |  |  | 64  |  |  | 24  |  |  | 15  |  |  | 25  |  |
| Less: Write-offs, net of recoveries(c) | 69  |  |  |  |  | 24  |  |  | 18  |  |  | 7  |  |  | 15  |  |  | 5  |  |  | 4  |  |  | 6  |  |
| Less: Sale of customer accounts receivable(e) | 56  |  |  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |
| Balance as of December 31, 2020 | $ | 366  |  |  |  |  | $ | 97  |  |  | $ | 116  |  |  | $ | 35  |  |  | $ | 86  |  |  | $ | 32  |  |  | $ | 22  |  |  | $ | 32  |  |

\_\_\_\_\_\_\_\_\_(a)For Exelon, the increase primarily relates to the impacts of the February 2021 extreme cold weather event. See Note 3 — Regulatory Matters for additional information. For the Utility Registrants, the increase is primarily a result of increased aging of receivables.(b)For ComEd, PECO and DPL, the increase in 2021 is primarily related to the termination of the moratorium which, beginning in March 2020, prevented customer disconnections for non-payment. With disconnection activities restarting in 2021, write-offs of aging accounts receivable increased throughout the year.(c)Recoveries were not material to the Registrants. (d)The increase is primarily as a result of increased aging of receivables, the temporary suspension of customer disconnections for non-payment, temporary cessation of new late payment fees, and reconnection of service to customers previously disconnected due to COVID-19.(e)See below for additional information on the sale of customer accounts receivable in the second quarter of 2020.  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
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