---
schema_version: "secwatch.filing_event.v1"
accession: "0001109357-23-000107"
form_type: "8-K"
ticker: "EXC"
cik: "0001109357"
company_name: "EXELON CORP"
filed_at: "2023-12-18T23:59:59+00:00"
generated_at: "2026-06-07T11:09:41.718276+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ComEd gets ~$450M 2024 rate hike vs $968M requested; BGE rates cut; Exelon reaffirms EPS guidance

## Summary
- ICC order grants ComEd ~$450M 2024 rate increase versus $968M requested; ROE set at 8.905% vs requested 10.50-10.65%.
- ICC rejected ComEd's Grid Plan; ComEd must file revised plan by March 13, 2024; rate base frozen at 2022 year-end until approval.
- BGE receives $41M/$113M/$25M electric rate increases (2024-2026) and $126M/$62M/$41M gas increases; ROE ~9.5% vs 10.40% requested.
- ComEd will seek rehearing on ROE, capital structure, and denial of return on pension asset; ICC must act within 20 days of filing.
- Exelon reaffirms 2023 adjusted (non-GAAP) Operating EPS guidance range of $2.32-$2.40 per share.

## SEC filing metadata
- accession: 0001109357-23-000107
- form_type: 8-K
- ticker: EXC
- cik: 0001109357
- company_name: EXELON CORP
- filed_at: 2023-12-18T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1109357/000110935723000107/0001109357-23-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/9466/000110935723000107/exc-20231214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001109357-23-000107
- JSON: https://secwatch.observer/filing/0001109357-23-000107.json
- Plain text: https://secwatch.observer/filing/0001109357-23-000107.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.