PEPCO HOLDINGS LLC 8K

PECO withdrew its electric and natural gas distribution rate review filings with the Pennsylvania PUC to prioritize customer affordability amid broader economic and cost-of-living pressures.

On April 16, 2026, PECO, a subsidiary of Exelon Corporation, announced that it is withdrawing its previously filed electric and natural gas distribution rate review applications with the Pennsylvania Public Utility Commission, citing sustained financial pressures on households and businesses in southeastern Pennsylvania and a desire to prioritize customer affordability. The company stated that although the proposed rate changes were intended to fund near- and long-term system modernization and reliability investments, it concluded—after considering broader economic conditions and feedback from Governor Josh Shapiro, customers, and community stakeholders—that proceeding now would unduly burden customers already facing elevated energy supply and cost-of-living increases. PECO indicated it will continue essential near-term safety, maintenance, and reliability investments, while reassessing the timing and scope of longer-term grid modernization and pursuing efforts to help reduce energy supply prices that it does not control or profit from, maintaining engagement with the PUC as it evaluates its future investment plans.

Filing Facts

CIK

1135971

Ticker

-

Form

8K

Source Type

sec

Accession

0001109357-26-000046

Alert Tier

6