“We expect to be at the midpoint or better of our 6% to 8% annualized earnings growth ranges and to grow the dividend in line with those earnings.”

In context

“w await a final order from the Maryland Public Service Commission expected on December 14. We have put forward a strong investment plan to address the needs of our customers that is aligned with the state's ambitious goals to advance the energy transformation. We remain optimistic that the commission will reach a constructive outcome that appropriately supports our customers and the state's goals laid out in the Climate Solutions Now Act. As you will hear from Jeanne, we also made progress in the Atlantic City Electric rate case, where a stipulation of settlement awaits final approval. The Delmarva Power and Electric rate case is progressing as well. along with the Pepco DC and Pepco Maryland multiyear rate plans. On our longer-term outlook, we continue to reaffirm our existing guidance. We expect to be at the midpoint or better of our 6% to 8% annualized earnings growth ranges and to grow the dividend in line with those earnings. The capital we are investing across our jurisdictions to support the needs of our customers in their energy transformation is what drives that growth. On Tuesday, PJM selected project proposal submitted for the competitive transmission proposal Window 3. Exelon's proposed transmission projects were among a set of solutions to maintain reliability in the Maryland, Pennsylvania and Virginia areas, driven by significant load increases in Northern Virginia. Specifically, PJM has recommended a suite of solutions that include a scope of work for Exelon that is estimated to cost approximately $850 million, with portions assigned to BGE and PECO, Pepco and Delmarva Power. As this spend is weighted toward the back end of the decade with expected completion dates of 2029 and 2030, that extend beyo”