CLAIM #23137 · EXC (EXC) · 2022Q2 earnings call · Aug 3, 2022 · due Dec 31, 2022
“Additionally, we expected decision on the PECO gas case in the fourth quarter this year, and our ComEd’s final formula rate filings in December.”
Joe Nigro · CFO
In context
“llars in the local energy grid and other customer experience improvement during the three year period from 2023 to 2025. As we've noted before, the multiyear plans approach allows us to align with all stakeholders where the company is focusing its investments. Among the hundreds of projects, the plan specifically includes investments in the electric distribution system to continue to improve reliability and customer service, advanced technologies to modernize the distribution system and provide tools to assist customers in managing their usage. We expect an order by the end of the year. We also have three vacations that are still in progress. Delmarva, Delaware has a gas case with rates going into effect on August 14, subject to refund and an expected decision in the first quarter of ‘23. Additionally, we expected decision on the PECO gas case in the fourth quarter this year, and our ComEd’s final formula rate filings in December. Each case is proceeding in line with our expectations. Overall, we are pleased with the progress in advancing progressive regulatory designs that benefit our customers ease regulatory burden and improve visibility for our utilities. As a reminder, we expect nearly 100% of our rate base growth will be covered by alternative mechanisms by the end of our planning periods. And more details on the rate cases can be found on slide 18 to 21, in the appendix of our earnings presentation. On slide 9, I want to spend moment discussing the work that our utilities do to partner with local state and federal agencies, as well as community groups to ensure we are maximizing opportunities for our customers to benefit from the various build assistance programs available to them. With the challenges presen”
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SEC filings for EXC ↗ · Claim quote is verbatim from the 2022Q2 earnings call.