Unterehmen auf Watchlist setzen
Exelon
ISIN: US30161N1019
WKN: 852011
Über
Unternehmensprofil
Tipp: Investor-Alerts aktivieren
Lassen Sie sich bei neuen Publikationen informieren
Tipp: AI-Factsheet

Corporate News meets AI! 
Analyse der Inhalte und Zusammenfassung

Exelon · ISIN: US30161N1019 · Business Wire (ID: 20250116628484)
17 Januar 2025 05:25PM

ComEd Proposes New Transmission Line in DeKalb County


ComEd on Jan. 16 presented to the Illinois Commerce Commission (ICC) plans to construct a new transmission line in DeKalb County to meet growing energy demand, reinforce grid reliability and support economic growth. If approved, the Kishwaukee Area Reliability Extension (KARE) Project will be constructed south of the city of DeKalb beginning next year.

“We are pleased to help support continued economic growth in DeKalb County by making the transmission investments needed to ensure delivery of efficient and reliable electrical service to ComEd customers throughout the area,” said David Perez, EVP and COO, ComEd. “ComEd’s KARE Project is the least cost and best fit approach to meeting the growing demand for electricity in the area, and we are grateful for the input of DeKalb County businesses and residential customers throughout the planning process.”

The KARE Project includes a double-circuit 345 kilovolt (KV) overhead transmission line extending approximately 6 miles -- mainly on existing right-of-way -- as well as a new 345 KV substation. The Project is designed to extend an existing ComEd transmission line to connect with the new substation near the intersection of Keslinger Road and Crego Road in Afton Township. It will enable ComEd to continue meeting its service reliability obligations for the DeKalb region and support the connection of additional facilities required by future load growth.

In addition to holding public meetings last summer, ComEd met with local landowners to answer questions about the Project and proposed routing options. The Project has also been shared with DeKalb Mayor Cohen Barnes and representatives of the DeKalb County Economic Development Corporation.

“Our unprecedented period of economic growth places new demands on all forms of infrastructure, including the area’s electrical grid,” said Mayor Barnes. “By supporting this plan, we are doing what is necessary to meet current and future energy requirements of the business community, from mom-and-pop businesses to Fortune 500 companies, as well as residential customers who have come to expect reliable service even in the face of more frequent and more severe storms due to climate change. We believe ComEd’s KARE Project will help accomplish these goals.”

ComEd partnered with Burns & McDonnell, a nationally recognized engineering firm with extensive experience in the electrical transmission sector, to conduct the routing study for the KARE Project. Data was collected in a 23-square-mile area to inform the development of route alternatives and assess existing conditions and the natural and cultural resources within the study area. The proposed routing options minimize impact to the land and surrounding community.

ComEd anticipates that the ICC will render its decision on the KARE Project toward the end of 2025. If approved, construction of the KARE Project is expected to begin in the first quarter of 2026 and conclude by the end of 2027. The KARE Project is the first ComEd transmission line requiring ICC siting approval since the Grand Prairie Gateway, which went into service in 2017, extending for 60 miles across Ogle, DeKalb, Kane, and DuPage Counties.

About ComEd

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company with approximately 10 million electricity and natural gas customers – the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube.

Contact

ComEd
Media Relations
312-394-3500

Visuelle Wertentwicklung / Kursverlauf · Exelon
Smarte Analyse- und Recherchewerkzeuge finden Sie hier.
This publication was provided by our content partner Business Wire
BusinessWire
via BusinessWire - Newsfeed
BusinessWire ©2025
BusinessWire
Kontakt:
101 California Street, 20th Floor San Francisco, CA, 94111 United States
+1.415.986.4422