Federal Energy Regulatory Commission Approves PECO Energy Company's Tariff Adjustments

The Federal Energy Regulatory Commission has issued a delegated order, approving PECO Energy Company's revised tariff records to adjust depreciation rates and amortization rates for various accounts in its Formula Rate Template. The approval allows PECO to implement the tariff adjustments, effective May 28, 2025, without any protests or adverse comments from stakeholders. The Commission's decision grants notices of intervention, motions to intervene, and unopposed motions to intervene out-of-time, and does not constitute approval of any service, rate, charge, or rule affecting the tariff adjustments.

Key Takeaways:

  • The Federal Energy Regulatory Commission has approved PECO Energy Company's revised tariff records to adjust depreciation rates and amortization rates for various accounts in its Formula Rate Template.
  • The approval allows PECO to implement the tariff adjustments, effective May 28, 2025.
  • No protests or adverse comments were filed by stakeholders, and notices of intervention, motions to intervene, and unopposed motions to intervene out-of-time have been granted.
  • The Commission's decision does not constitute approval of any service, rate, charge, or rule affecting the tariff adjustments.
  • The approval is a final agency action that can be reheard by the Commission within 30 days of issuance.
  • The delegated order was issued by Kurt M. Longo, Director of the Division of Electric Power Regulation - East.

Statistics:

  • 352-359 and 390-398 accounts: depreciation rates adjusted
  • Account 303: amortization rates adjusted
  • Total number of accounts affected: 14
  • Effective date of tariff adjustments: May 28, 2025
  • Number of days for rehearing: 30

Sources:

  • 18 C.F.R. SS 375.307
  • 18 C.F.R. SS 385.214
  • 18 C.F.R. SS 385.713
  • PJM Interconnection, L.L.C., Intra-PJM Tariffs, OATT ATT H-7A PT. 1, OATT Attachment H-7A PT. 1 - PECO's Formula Rate Template (12.0.0)
  • PJM Interconnection, L.L.C., Intra-PJM Tariffs, OATT ATT H-7A PT. 2, OATT Attachment H-7A PT. 2 - PECO's Formula Rate Template (2.0.0)