“Finally, we continue to reaffirm all of our long-term guidance, including an expected 5% to 7% annualized operating earnings growth going forward.”

In context

“or ComEd in its rehearing almost 2 months ahead of the statutory deadline, which recognizes the investments made last year and the prudent expectations for continued investment in new business in Illinois. We also filed electric and gas rate cases at PECO in late March. These rate cases will support PECO's expanded investment in infrastructure, and they will enhance programs and services for customers, including assistance for low-income customers and support for customers embracing cleaner energy options. And lastly, the Delaware Public Service Commission approved a settlement in Delmarva Power & Light's electric distribution rate case, supporting continued investment in the reliability and resiliency of its grid. Jeanne will review more details around our regulatory activity shortly. Finally, we continue to reaffirm all of our long-term guidance, including an expected 5% to 7% annualized operating earnings growth going forward. This will be driven by the significant investment needed to support our jurisdiction's energy goals, which we are committed to doing as affordably and equitably as possible. Turning to Slide 5. Our streak of operational excellence continues despite the significant storm activity we saw across our territories in the first quarter. In both outage frequency and outage duration, ComEd and Pepco Holdings achieved top decile performance, while BGE and PECO achieved top quartile performance. This also includes extremely high performance on the gas side of the business, where gas odor response rates were perfect at both BGE and PECO. We also maintained strong performance in our customer satisfaction scores at ComEd and PECO with ComEd achieving top decile. In light of its lower performance at t”