Summary
This Form 8-K filing from Exelon Corporation, filed on August 31, 2006, pertains to an action taken by its subsidiary, Commonwealth Edison Company (ComEd). On August 29, 2006, ComEd filed modifications with the Illinois Commerce Commission (ICC) regarding a proposal to ease the impact of anticipated rate increases on residential customers scheduled for January 2007. This filing represents a procedural update related to ComEd's rate management and customer impact mitigation strategies. Investors should note that this report is primarily informational, detailing a modification to a previously filed proposal. The original proposal was submitted to the ICC on May 23, 2006. The specific details of the modifications are not elaborated upon in this 8-K, but the company has provided a press release (Exhibit 99.1) as an attachment, which likely contains further information for those interested in the specifics of the rate proposal and its adjustments.
Key Highlights
- 1Commonwealth Edison Company (ComEd), a subsidiary of Exelon Corporation, filed modifications to a rate proposal with the Illinois Commerce Commission (ICC) on August 29, 2006.
- 2These modifications are related to easing the impact of planned January 2007 residential rate increases.
- 3The original proposal was first filed with the ICC on May 23, 2006.
- 4The filing is considered an 'Other Event' under Item 8.01 of Form 8-K.
- 5A press release from ComEd announcing these modifications is attached as Exhibit 99.1.
- 6The ICC docket number for this filing is 06-0411.
- 7This report is a combined filing by ComEd, Exelon Corporation, and Exelon Generation Company, LLC.