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PA · gas · R-2022-3031113

PECO Gas — 2022 general rate case

Bottom line

The settlement authorized roughly two-thirds of the filed request and became effective January 1, 2023.

Case summary

PECO Gas requested approximately $82 million in additional annual distribution revenue. The Commission approved approximately $54.8 million.

Latest development
Authorized rates became effective

Jan 1, 2023

Next event
No scheduled event

Not scheduled

Case stage

Regulatory process

complete

  1. Filed

    Mar 31, 2022

  2. Testimony

    Not recorded

  3. Hearings

    Not recorded

  4. Briefing

    Not recorded

  5. Decision

    Oct 27, 2022

  6. Rates effective

    Jan 1, 2023

State rules

Base-rate reviews and adjustment mechanisms in Pennsylvania

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

Purchased gas cost recovery

Annual rate · quarterly reconciliation

Large gas distributors file an annual gas-cost tariff and quarterly recalculations. Material differences can change the tariff between annual proceedings, with over- and under-collections reconciled.

Governing source ↗

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 ↗
View the full Pennsylvania regulatory framework →

Commission decision

Economics

Utility request and Commission-authorized outcome.

MetricUtility requestAuthorized outcomeLike-for-like difference
Annual revenue increase

$82M

Annual utility request

$54.8M

Prior authorized observation · Oct 27, 2022

+$27.2M

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

Utility context

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

$78M

Rate base

disclosed actual · Company-reported adjusted final rate base associated with the 2024 PECO Gas distribution proceeding; the settlement itself did not stipulate rate base · Dec 12, 2024

$3,524M

Return on equity

authorized · Prior authorized observation · Jun 22, 2021

10.24%

Full docket record

3 events · 2 documents · 2 citations

View record
Last updated
Jul 13, 2026
Docket reviewed
Jul 13, 2026
Economics reviewed
Jul 13, 2026
Official documents
2
Evidence citations
2

Docket history

Material filings, hearings, orders, and effective dates.

  1. Mar 31, 2022

    General rate application filed

    official commission · completed

  2. Oct 27, 2022

    Commission approved settlement

    official commission · completed

  3. Jan 1, 2023

    Authorized rates became effective

    official commission · completed

Documents

Docket and evidence documents linked to this proceeding.

PECO gas rate-case docket

official docket · primary ·

Open document ↗

Exelon PECO gas rate-case disclosure

evidence · primary · Feb 14, 2023

Open document ↗

Citations

Field-level excerpts and review metadata supporting material facts.

PECO gas rate-case docket

commission docket ·

Exelon PECO gas rate-case disclosure

sec filing · Feb 14, 2023

Raw observations

Stage-preserving economics and party positions as published in the canonical record.

MetricStagePartyPeriodValueEvidence
Annual revenue changeauthorizedparty-commission$54.8M
Annual revenue changeutility requestparty-utility$82M