PA · electric · R-2021-3024601
Closed case·Complete·Authorized
The approved revenue requirement was about 54 percent of the filed request.
PECO Electric requested a $246 million annual distribution revenue increase. The Commission authorized $132 million effective January 1, 2022.
Jan 1, 2022
Not scheduled
Case stage
complete
Filed
Mar 30, 2021
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Nov 18, 2021
Rates effective
Jan 1, 2022
State rules
This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.
Full base-rate review
No fixed recurring interval
A utility initiates a general rate increase by filing a new tariff. It cannot file another general increase for the same service until the prior request is decided or its maximum suspension period expires.
Rate period: Case-specific; Pennsylvania law sets the filing and decision clock rather than a standard single-year or multi-year plan.
Governing rule ↗Between full reviews
Distribution System Improvement Charge
Quarterly updates · annual reconciliation
An approved DSIC can recover eligible distribution investment between base-rate cases. The formula is updated quarterly and reconciled annually, subject to the utility's approved long-term infrastructure plan.
Governing source ↗Commission decision
Utility request and Commission-authorized outcome.
| Metric | Utility request | Authorized outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | $246M Annual utility request | $132M Prior authorized observation · Nov 18, 2021 | +$114M |
| Rate base | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Return on equity | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Common equity ratio | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Residential bill impact | Not available Not captured in current case sources | Not available Authorized value not captured | — |
Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.
Annual revenue change
authorized · Prior authorized observation · Dec 12, 2024
$354M
Rate base
disclosed actual · Company-reported adjusted final rate base associated with the 2024 PECO Electric distribution proceeding; the settlement itself did not stipulate rate base · Dec 12, 2024
$8,855.6M
3 events · 2 documents · 2 citations
Material filings, hearings, orders, and effective dates.
Mar 30, 2021
General rate application filed
official commission · completed
Nov 18, 2021
Commission approved settlement
official commission · completed
Jan 1, 2022
Authorized rates became effective
official commission · completed
Docket and evidence documents linked to this proceeding.
Exelon PECO electric rate-case outcome
evidence · primary · May 9, 2022
Exelon PECO electric rate-case filing details
evidence · primary · Aug 4, 2021
Field-level excerpts and review metadata supporting material facts.
Exelon PECO electric rate-case outcome
sec filing · May 9, 2022
Exelon PECO electric rate-case filing details
sec filing · Aug 4, 2021
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Annual revenue change | authorized | party-commission | — | $132M | |
| Annual revenue change | utility request | party-utility | — | $246M |