“As Calvin mentioned, by next year, we expect our resolution on all four of the ongoing multiyear rate plans in Illinois, Maryland and D.C. and a clear path forward to supporting clean energy and climate goals in an affordable and equitable manner.”

In context

“he clean energy and equity goals of their respective states. In both the ComEd and BGE multiyear plan rate cases, evidentiary hearings are scheduled to begin in late August with briefs to follow before final orders are expected in December. Lastly, Pepco received a procedural schedule from the Public Service Commission of the District of Columbia in its second multiyear rate plan filing. Upcoming milestones include intervenor testimony expected to be filed by the DC Public Service Commission staff on October 16 and evidentiary hearing set to begin in January of 2024 with final briefs in March of 24. Relationships across our jurisdictions remain constructive, and we are working together with our regulators, states and communities through every step of the process to reach our shared goals. As Calvin mentioned, by next year, we expect our resolution on all four of the ongoing multiyear rate plans in Illinois, Maryland and D.C. and a clear path forward to supporting clean energy and climate goals in an affordable and equitable manner. More details on the rate cases can be found on Slides 20 through 26 of the appendix. Moving to Slide 8. During the second quarter, we continued to invest capital for the benefit of our customers and are on track to meet our $7.2 billion guidance for 2023. These investments in energy infrastructure are vital to maintaining the high standard of service that we have in serving our customers while preparing the grid for the clean energy transformation and increasing levels of electrification. Today, I’ll talk about how PECO is partnering with the community to build a new 69-13kV substation in Philadelphia at the Civic Terminal Yard and neighboring property. PECO’s commitment to building for the new civic substation began in 2019. This $130 million project includes installation of insulated sw”