Item 7.01. Regulation FD Disclosure

On January 17, 2023, Commonwealth Edison Company ("ComEd") will file a petition with the Illinois Commerce Commission ("ICC") seeking approval of a Multi-Year Rate Plan for 2024-2027 (Rate Plan). The Rate Plan is being filed pursuant to Section 16-108.18 of the Illinois Public Utilities Act. It will support a Multi-Year Grid Plan (Grid Plan) that covers planned investments on the electric distribution system within ComEd's service area. The Grid Plan also extends through 2027 and will be filed with the ICC on January 17. The Rate Plan would establish annual base rate revenue requirements for electric delivery services as follows:



Year   Base Rate Revenue Requirement
2024   $3,757,912,000
2025   $3,932,500,000
2026   $4,149,156,000
2027   $4,351,935,000

ComEd's requested revenue requirements are based on requested returns on common equity of 10.50%, 10.55%, 10.60%, and 10.65% in 2024, 2025, 2026, and 2027, respectively, and on capital structures that reflect between 50.58% and 51.19% common equity. The approved revenue requirements will be reconciled to actual costs incurred during each such year, subject to certain limitations and to ICC review, in accordance with law. In the filing, ComEd will ask the ICC to phase-in the new rates by deferring 35% of the 2024 base rate increase, with that amount being recovered in 2026.

The Rate Plan and Grid Plan filings will be available on the ICC website.

The ICC must review the Rate and Grid Plans in a proceeding on a consolidated basis and issue a decision by mid-December 2023. Other parties are expected to join or intervene in that proceeding. The ultimate outcome of that process cannot be determined at this time.

Item 9.01. Financial Statements and Exhibits



(d)  Exhibits.
Exhibit No.              Description
101                      Cover Page Interactive Data File - the cover page XBRL tags are embedded
                         within the Inline XBRL document.
104                      The cover page from this Current Report on Form 8-K, formatted as Inline
                         XBRL.



                                   * * * * *

This combined Current Report on Form 8-K is being furnished separately by Exelon Corporation and Commonwealth Edison Company (Registrants). Information contained herein relating to any individual Registrant has been furnished by such Registrant on its own behalf. No Registrant makes any representation as to information relating to any other Registrant.

This Current Report contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from the forward-looking statements made by the Registrants include those factors discussed herein as well as the items discussed in (1) the Registrants' Annual Report on Form 10-K filed with the SEC on February 25, 2022 in Part I, ITEM 1A. Risk Factors; (2) the Registrants' Current Report on Form 8-K filed with the SEC on June 30, 2022 to recast Exelon's consolidated financial statements and certain other financial information originally included in the 2021 Form 10-K in (a) Part II, ITEM 7. Management's Discussion and Analysis of Financial Condition and Results of Operations and (b) Part II, ITEM 8. Financial Statements and Supplementary Data: Note 3, Regulatory Matters, and Note 17, Commitments and Contingencies; (3) the Registrants' Third Quarter 2022 Quarterly Report on Form 10-Q in (a) Part II, ITEM 1A. Risk Factors, (b) Part I, ITEM 2. Management's Discussion and Analysis of Financial Condition and Results of Operations, and (c) Part I, ITEM 1. Financial Statements: Note 3, Regulatory Matters, and

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Note 13, Commitments and Contingencies; and (4) other factors discussed in filings with the Securities and Exchange Commission by the Registrants.

Investors are cautioned not to place undue reliance on these forward-looking statements, whether written or oral, which apply only as of the date of this Current Report. None of the Registrants undertake any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this Current Report.

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