Illinois Regulators Approve ComEd’s Revised Grid Plan
Prioritises reliability improvements to support renewable energy growth and continued economic development.

Image for illustration purposes.
The Illinois Commerce Commission (ICC) has approved Commonwealth Edison Co.‘s (ComEd) revised multi-year grid plan, allowing the utility to invest approximately $1.5 billion in line with the state’s Climate and Equitable Jobs Act (CEJA). This decision marks a significant step towards Illinois’ goal of achieving a carbon-free power sector by 2045.
Key aspects of the approved plan include:
1. Capital Expenditure: ComEd is set to increase its capital spending from $2.2 billion in 2024 to nearly $3.2 billion annually in 2026 and 2027, with a larger portion allocated to transmission projects.
2. Rate Base Growth: The ICC’s ruling permits ComEd’s rate base to increase to $17.3 billion by 2027, representing an annualised growth rate of about 1.4% from 2023.
3. Customer Impact: Average ComEd bills are expected to rise by 2.8% starting 1 January 2025, with projected increases of 1.5% and 1.3% in 2026 and 2027, respectively.
4. Renewable Energy Targets: The plan aligns with ComEd’s goal of achieving 65% clean energy and 45% renewable energy in its generation portfolio by 2030.
5. Coal Phase-Out: ComEd aims to exit from coal-fired generation by 2031, supporting the state’s transition to cleaner energy sources.
The revised plan addresses previous concerns raised by the ICC regarding customer affordability and benefits for low-income and environmental justice communities. It prioritises improvements in system reliability to support renewable energy growth and continued economic development.
ComEd’s President and CEO, Gil Quiniones, expressed gratitude for the collaboration with the ICC and other stakeholders, emphasising the plan’s alignment with CEJA goals while supporting regional economic development.
Source: T&D World
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