Delaware General Assembly

Stricken 6/18/26

HB 470 w/ HA 3

6/17/26

Osienski

This amendment to HB 470 does the following: (1) Removes language that would leave battery storage in regulatory uncertainty as neither generation nor distribution units; (2) Requires any approval to include consideration of cost-effectiveness; (3) Removes cost recovery language more favorable to Exelon shareholders than Delmarva Power customers (providing return on equity, i.e. profit, of “no less than” Delmarva Power’s approved return on equity, despite also recovering costs through a rider, which essentially guarantees Delmarva Power recovery of its costs); and (4) Requires the Public Service Commission to determine the appropriate cost recovery mechanism for battery storage systems installed by Delmarva Power, and requires Delmarva Power to submit reports detailing cost effectiveness.

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