ComEd’s refiled grid plan received approval on Dec. 19 from the Illinois Commerce Commission (ICC) with modifications.
First refiled in March after the ICC requested changes to the original plan in December 2023, ComEd said this grid plan prioritizes improvements in system reliability to support the growth of renewable energy and ongoing economic development, as well as other goals of the Illinois Climate and Equitable Jobs Act (CEJA), which calls for a fully decarbonized energy sector in the state by 2045.
“We are grateful for the collaboration with the ICC and with other stakeholders whose input helps us align more closely with the goals of CEJA while also supporting continued regional economic development,” ComEd President and CEO Gil Quiniones said. “ComEd is focused on delivering value and achieving the goals of our approved plan while balancing the need for customer affordability.”
ComEd’s approved plan includes investments and programs through 2027. The company said its cost-effectiveness analysis assessed the value of the revised plan benefits at more than $7 billion compared to $4.4 billion in investments.