“During the third quarter, we continue to deploy capital for the benefit of our customers and are on track to invest $7.2 billion expected for 2023.”

In context

“of customers and aligned with the state's energy policy goals. A final order is expected at the last scheduled ICC meeting of the year on December 14, but due no later than December 20. Relationships across our jurisdictions remain constructive, and we remain steadfast in our engagement with key stakeholders across the regulatory bodies, the state legislators and the communities to support our shared interest in the energy transformation. As a reminder, by next year, we expect to have a resolution on all 4 of the ongoing multiyear rate plans in Illinois, Maryland and D.C., which will support their respective clean energy and climate goals while balancing customer affordability and equity. More details on the rate cases can be found on Slides 20 to 26 of the appendix. Moving to Slide 8. During the third quarter, we continue to deploy capital for the benefit of our customers and are on track to invest $7.2 billion expected for 2023. These investments are designed to deliver answers to an expanding set of needs for tomorrow's spread: enhance customer value, adapt to climate change, meet heightened resilience and reliability challenges and modernize outmoded systems and equipment just to mention a few. These also support our communities. Today, I specifically would like to highlight how Delmarva Power's recently completed East New Market to Cambridge, transmission upgrade project in Maryland is meeting those needs. Construction to rebuild the transmission equipment began in late fall of 2021. This $40 million project included upgrading more than 11 miles of existing transmission line with new wire and installing 189 galvanized steel poles, replacing wood poles is new, longer-lasting steel utility poles, strengthens th”