“I want to close by reiterating our confidence in investing an estimated $29 billion of capital from 2022 to 2025 driving 68% earnings growth from 2021 to 2025 and a strong balance sheet.”

In context

“is approximately $200 million per year as is posted in our August 8-K filing. We are working with the industry and remain optimistic that this impact can be mitigated. Even if unmitigated, as Chris noted, we expect to observe the cash impact on our balance sheet with cushion above our downgrade thresholds and we expect to be in our targeted 13% to 40% average range over the planning horizon without a need for incremental equity beyond the previously announced $1 billion commitment from 2022 through 2025. As a reminder, we issued $575 million in equity in August through a onetime offering and lease the remaining $425 million over the 2023 through 2025 period. Our commitment to a strong balance sheet is a top priority to ensure we can make the investments needed on behalf of our customers. I want to close by reiterating our confidence in investing an estimated $29 billion of capital from 2022 to 2025 driving 68% earnings growth from 2021 to 2025 and a strong balance sheet. This remains the case regardless of whether the corporate minimum tax is mitigated. Thank you. I will now turn the call back to Chris for his closing remarks. Chris Crane: Thanks, Jeanne. Moving to Slide 11. I’d like to emphasize excellence in value proposition and placing the energy delivery industry. The economy is making the transition to a cleaner, more resilient energy model the significant federal legislation passed this year, including the IIJA and the IRA provide momentum and support to our jurisdictions, which have been leading the way for years. Exelon offers an unparalleled exposure to that opportunity. We serve more electric and gas customers in any of the utility in the country in some of the largest cities of the country. We have earned the trust of our customers and our com”