secwatch.observer — SEC 8-K summary
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Issuer:     EXELON CORP (EXC)
CIK:        0001109357
Form:       8-K
Filed at:   2023-12-18T23:59:59+00:00
Accession:  0001109357-23-000107
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1109357/000110935723000107/0001109357-23-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/9466/000110935723000107/exc-20231214.htm
  HTML page:      https://secwatch.observer/filing/0001109357-23-000107

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