CLAIM #23309 · EXC (EXC) · 2023Q3 earnings call · Nov 2, 2023 · due Jun 30, 2024
“A final order is expected in the second quarter of 2024.”
Jeanne Jones · CFO
In context
“ning to Slide 7. As Calvin mentioned, we continue to execute in all 6 open distribution rate case proceedings this quarter, in line with the established procedural federal. Each rate case remains on track, and we are approaching the final key milestones in December, ComEd and BGE's multiyear rate plan rate cases. Let me begin with key developments since the last call. First, DPL Delaware received intermediary testimony and filed a rebuttal supporting the key elements of the company's proposed electric distribution revenue requirement increase of $39.3 million. DPL Delaware will continue to establish that the proposed plan is necessary to continue providing safe and reliable service, meet customer expectations and support Delaware clean energy goals while balancing customer affordability. A final order is expected in the second quarter of 2024. Second, we are pleased with the progress in Atlantic City Electric's distribution rate case with the stipulation of settlement in place, the procedural schedule was suspended in early September. On October 21, ACE filed a stipulation of settlement with the New Jersey Board of Public Utilities. And on October 24, the administrative law judge presiding over the case recommended the settlement with all parties be approved. ACE anticipates final approval of the settlement from the BPU in the fourth quarter. Next, the procedural schedule in Pepco's DC multiyear rate plan filing has been adjusted to accommodate the commission's request for supplemental testimony from Pepco. Similar to the commission's request from its personal plan, this directive provides Pepco the opportunity to demonstrate”
Verify independently
SEC filings for EXC ↗ · Claim quote is verbatim from the 2023Q3 earnings call.