“Similarly, ACE revised their revenue request for a $93.6 million increase based on an updated test period, with the final order expected in the first quarter of ‘24.”

In context

“ally as important as reliability, Pepco is focused on keeping affordability front and center for our customers. The multiyear plan includes the acceleration of tax benefits to serve as a bill offset as well as efforts to increase participation in energy assistance and energy efficiency programs, which in 2022 alone provided approximately $23 million to Pepco Maryland customers. An order is expected by June of 2024. Let me also remind you of the other electric distribution rate cases in progress. First, Delmarva Power Delaware has revised a revenue request for a $41.8 million increase based on an updated test period in the electric rate case and, as permitted by Delaware law, implemented full proposed rates on July 15 subject to refund. A decision is expected in the second quarter of 2024. Similarly, ACE revised their revenue request for a $93.6 million increase based on an updated test period, with the final order expected in the first quarter of ‘24. Additionally, after an 8-month receiving, the New Jersey Board of Public Utilities approved a 4-year capital tracker at ACE called Powering the Future, which accelerates the portfolio of projects totaling $93 million designed to enhance reliability and resiliency for customers, advance New Jersey’s energy master plan goals and sustained economic growth in the region. Next, ComEd and BGE surpassed two key milestones in their multiyear plan rate cases, having received intervener testimony and filed their rebutals to support the key elements of the company’s initial proposals earlier this year. As discussed on prior earnings calls, both plans outline the investments needed to provide essential service to customers while meeting the clean energy and equity goals of their respective states. In”