CLAIM #23127 · EXC (EXC) · 2022Q2 earnings call · Aug 3, 2022 · due Dec 31, 2022
“We're on track to limit the number of rate cases we have this year.”
Chris Crane · CEO
In context
“rid, bridge that we are not getting [growth rate] Cleaner grid. Turning now to the quarter. Our first one since separating on April 1, I'm -- February 1. We continue to execute on our plan, focusing on operational and financial excellence to serve our customers in our communities while supporting their environmental and social equity needs. We earned $0.47 per share on a GAAP basis and $0.44 per share on a non- GAAP basis. We continue to expect our full range -- full year results in line with $2.18 to $2.32 range, we provide an on our Analyst Day. We've updated on previously announced plans to financing a small portion of our $29 million capital investment program with equity and Joe will provide additional details on our financing plan. Along with his commentary on the quarterly results. We're on track to limit the number of rate cases we have this year. In May, Delmarva Power & Light Maryland filed his first multiyear plan covering investments from ‘23 to ‘25 period. The filing highlights improvement in Delmarva’s reliability and customer service in Maryland. ‘21 marked its second straight year of record setting outage frequency performance. We look forward to building on the successes of the multiyear plans we have in place and leverage lessons learned to deliver value for Delmarva Power, Maryland customers. In Illinois, ComEd continues to work on a new rate setting process, including proposed performance metrics. We expect a final order by the end of the third quarter. In addition, on July 1st, ComEd filed its first beneficial electrification plan with the Illinois Commerce Commission, as required by the CEGA, ComEd proposes spending a”
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SEC filings for EXC ↗ · Claim quote is verbatim from the 2022Q2 earnings call.