CLAIM #23221 · EXC (EXC) · 2022Q4 earnings call · Feb 14, 2023 · due Dec 20, 2023
“So there is a tentative schedule set. And in May, we expect the testimony of the interveners to be submitted in August, evidentiary hearings will commence. And again, the – after that all the way to the required schedule is for the ICCR regulators to make their final determination before December 20 of this year.”
Gil Quiniones · CEO of ComEd
In context
“ore flattish or yellow arrow. Is that just that PECO had this return to normal weather and storms and other stuff that is an issue 2023 versus 2022, and that’s pretty much it, but like otherwise would be kind of the normal course. Calvin Butler: Yes, you’re right on point, Steve. That’s exactly the reasoning. Steven Fleishman: Okay. Okay. And then just on the topic of the – on Illinois, could you give us maybe some sense of when we’re going to get information on the process, on the recommendations and other stuff on the multiply year kind of timing? Calvin Butler: Yes, and I do have with me Gil Quiniones, CEO of ComEd to really walk you through that process. So I’m going to turn to Gil to kind of walk you through the timing of how things are going to unfold. Gil? Gil Quiniones: Hi, Steve. So there is a tentative schedule set. And in May, we expect the testimony of the interveners to be submitted in August, evidentiary hearings will commence. And again, the – after that all the way to the required schedule is for the ICCR regulators to make their final determination before December 20 of this year. Steven Fleishman: Okay. Calvin Butler: So that [Indiscernible] calendar, Steve, any additional questions on that? Steven Fleishman: Well, just, is there, because this is first time, is it likely that this would go through a fully litigated process or should we think there might be opportunities to settle these cases? Calvin Butler: No, I would anticipate on this - this would be fully litigated Steve, because, as we talked about, as I talked about in my comments, it’s been a very engaged stakeholder process. And if I was the commission in this, I would make sure that we have a forum for everyone to be heard and we wouldn’t rush to the final outcome because this will put Illinois on a path to decarbonize like no other state except for maybe California. And it’s in a very aggressive approach”
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SEC filings for EXC ↗ · Claim quote is verbatim from the 2022Q4 earnings call.