PA · gas · R-2024-3046932
Closed case·Complete·Authorized
The approved increase was about 70 percent of the filed request.
PECO Gas requested approximately $111 million in additional annual revenue. The Commission approved a $78 million increase effective January 1, 2025.
Jan 1, 2025
Not scheduled
Case stage
complete
Filed
Mar 28, 2024
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Dec 12, 2024
Rates effective
Jan 1, 2025
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
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 ↗Commission decision
Utility request and Commission-authorized outcome.
| Metric | Utility request | Authorized outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | $111M Annual utility request | $78M Prior authorized observation · Dec 12, 2024 | +$33M |
| Rate base | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Return on equity | Not specified Total company rate-case request or Commission-authorized outcome · Dec 12, 2024 | Not specified Authorized return on common equity in the 2024 PECO Gas distribution settlement · Dec 12, 2024 | — Not compared: scope differ |
| Common equity ratio | Not available Not captured in current case sources | Not specified Authorized common-equity ratio in the 2024 PECO Gas distribution settlement · Dec 12, 2024 | — |
| 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 · Oct 27, 2022
$54.8M
Return on equity
authorized · Prior authorized observation · Jun 22, 2021
10.24%
3 events · 1 document · 2 citations
Material filings, hearings, orders, and effective dates.
Mar 28, 2024
General rate application filed
official commission · completed
Dec 12, 2024
Commission approved settlement
official commission · completed
Jan 1, 2025
Authorized rates became effective
official commission · completed
Docket and evidence documents linked to this proceeding.
Exelon PECO 2024 gas rate-case outcome
evidence · primary · Apr 10, 2025
Field-level excerpts and review metadata supporting material facts.
Exelon fourth-quarter 2024 earnings conference call presentation
sec filing · Feb 12, 2025
Exelon PECO 2024 gas rate-case outcome
sec filing · Apr 10, 2025
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Common equity ratio | authorized | party-commission | — | Not specified | |
| Annual revenue change | authorized | party-commission | — | $78M | |
| Annual revenue change | utility request | party-utility | — | $111M | |
| Rate base | disclosed actual | — | — | $3,524M | |
| Return on equity | authorized | party-commission | — | Not specified | |
| Return on equity | utility request | party-utility | — | Not specified |