ICC approves ComEd delivery-service reconciliation as edited, denies interlocutory review on CFRA

The Illinois Commerce Commission approved an edited order on Commonwealth Edison’s annual revenue requirement reconciliation under its Delivery Service Pricing Rider and denied ComEd’s petition for interlocutory review on a separate Carbon Free Resource Adjustment matter during its Oct. 31, 2024 meeting.

The panel approved edits to the ComEd reconciliation that included typographical changes and substantive modifications to the cost of short-term debt, capital structure and the incentive compensation program sections. The order adopts staff’s proposed capital structure and states the company’s citation to current economic conditions ‘‘without further explaining the correlation’’ to the proposed capital structure was unpersuasive.

Commissioners moved and seconded the edits; the transcript records a second by Commissioner McCabe before the commission approved the edits and then the order as edited. Separately, ComEd sought interlocutory review (PIR) of the ALJ’s September 30, 2024 ruling regarding the denial of a motion to strike portions of Chemical Industry Council of Illinois direct testimony in the CFRA reconciliation proceeding. The commission affirmed the ALJ and denied the PIR.

The decisions leave intact the ALJ’s evidentiary rulings and the commission’s edited findings on the company’s capital structure and financial presentation in the DSPR reconciliation. Commission staff and the ALJ recommendations were referenced repeatedly in the discussion; the transcript does not record additional public comment on these items during the meeting.

The commission proceeded to other agenda items after recording the approvals.