“During the first quarter, we continued to invest capital for the benefit of our customers and are on track to meet our $7.2 billion commitment for 2023.”

In context

“tance, which in 2022 alone provided approximately $21 million to nearly 30,000 Pepco customers in DC or on average $700 per customer. Pepco's multi-year plan comprehensively work to keep service affordable, foster a cleaner energy future, and improve reliability, resiliency, and security through significant investments. This influx of resources directed toward accommodating the next phase of DC's energy transformation is expected to inject more than $580 million in the local economy and support more than 3,800 full-time jobs. An order is requested from the DCPSC by February, 2024, based on a proposed 10-month procedural schedule. All our ongoing rate cases are proceeding in line with expectations and you can find further detail on slide 20 through 24 of the appendix. Moving to slide nine. During the first quarter, we continued to invest capital for the benefit of our customers and are on track to meet our $7.2 billion commitment for 2023. These investments in energy infrastructure are vital to maintaining the high standard of service that we have in serving our customers while also preparing the grid for the clean energy transformation. Today, I would like to talk about how Atlantic City Electric is enhancing the customer experience in South Jersey through the Smart Energy Network program, the last major initial smart meter deployment program planned for Exelon utilities. Smart meters are foundational to a smarter power grid. They enable customers to better understand real-time energy usage in homes and businesses, and they provide enhanced information to make our systems more efficient and resilient. With a broad installation, beginning of September of 2022, ACE employees and their contract partners have been steadily upg”