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CLAIM #23082 · EXC (EXC) · 2021Q3 earnings call · Nov 3, 2021 · due Dec 31, 2021

And we expect to receive an order in the fourth quarter.

Joe Nigro · CFO

PENDING
graded after results covering Dec 31, 2021 are reported

In context

service, for our customers and communities. DPL Maryland expects to receive an order by March 30th, 2022. Second, on September 15th, Delmarva Delaware received a verbal order for its distribution electric rate case. The Delaware Commission approved approximately $14 million increase in annual base distribution rates reflecting an ROE of 9.6%. As permitted by Delaware law, Delmarva Power implemented full allowable rates on October 6th, 2020, subject to refund. We also have two rate cases pending final orders in the fourth quarter. On October 6, the administrative logo (ph) was presiding over PECO's electric distribution base rate case, recommended the settlement with all parties be approved. The settlement provides for an increase of a 132 million, in annual electric distribution revenues. And we expect to receive an order in the fourth quarter. And then on November 2, the AOJ presiding over ComEd's 2021 distribution formula rate update, issued a proposed order. There were no adjustments to ComEd's proposed revenue requirement increase of $45.8 million. We expect to receive a final order from the Illinois Commerce Commission by early December. We continue to have constructive regulatory relationships across our jurisdictions and are working with our regulators, states, and communities to support their clean energy and climate goals. As a reminder, we expect nearly 100% of our rate base growth will be covered by alternative mechanisms by the end of our planning period, a differentiator for our utilities when compared to peers. More details on the rate cases can be found on slides 20 through 24 of the appendix. And as Chris menti

Verify independently

SEC filings for EXC · Claim quote is verbatim from the 2021Q3 earnings call.