Synopsis
This amendment to HB 470 does the following: (1) Clarifies the definition of a utility battery energy storage system. (2) Requires any approval to include consideration of cost-effectiveness. (3) Removes cost recovery language more favorable to Exelon shareholders than Delmarva Power customers. (4) Adds language providing that cost recovery shall be in a manner approved by the Commission from the entire DP&L customer base. (5) Requires Delmarva Power to submit reports detailing cost effectiveness.