ComEd Refiles Multi-Year Grid Plan to Advance Region’s Economic, Climate and Equity Goals
Illinois Commerce Commission Expected to Rule on New Plan by End of 2024
“We heard the Commissioners’ concerns and have worked diligently these past three months to create a plan that is responsive to their feedback while positioning ComEd to help the state achieve its clean energy and equity goals,” said
To assemble this new multi-year grid plan, building upon earlier stakeholder and community engagement efforts, ComEd re-engaged with stakeholders to better address the issues outlined by the Commission, hosting two public meetings and a series of six stakeholder workshops in January and February of this year, as well as numerous technical and direct discussions.
Based on this engagement, and in response to feedback from the Commission, ComEd has made a number of changes to the original grid plan, including:
- A reduction in overall investment levels and bill impacts to better ensure affordability for customers;
- New affordability analysis that demonstrates ComEd’s new rates under the proposed multi-year grid plan are affordable, prudent and reasonable; and
- Enhanced explanation of the benefit of grid investments to ComEd customers, including additional detail on cost effectiveness.
As electricity plays a larger role in the daily lives of customers and communities, the need to preserve ComEd’s nation-leading reliability is critical. For the second year in a row, it was recognized by
Following an open process in which the ICC, other public agencies, and consumer, environmental and other groups will review the plan and costs, the ICC will issue a decision in
ComEd refiled multi-year grid plan Executive Summary and Plan Chapters available here.
ComEd is a unit of
View source version on businesswire.com: https://www.businesswire.com/news/home/20240314230880/en/
ComEd Media Relations
312-394-3500
Source: ComEd