XML 69 R58.htm IDEA: XBRL DOCUMENT v3.24.2
REGULATORY MATTERS - Pennsylvania and West Virginia (Details)
 3 Months Ended 6 Months Ended
Jul. 31, 2024
USD ($)
Apr. 02, 2024
USD ($)
Mar. 26, 2024
USD ($)
Jan. 23, 2024
USD ($)
Nov. 30, 2023
USD ($)
Aug. 31, 2023
USD ($)
Aug. 22, 2023
USD ($)
May 31, 2023
USD ($)
Apr. 24, 2023
MW
Jan. 13, 2023
USD ($)
May 01, 2022
MW
Feb. 24, 2022
Nov. 22, 2021
site
Jan. 16, 2020
USD ($)
Dec. 31, 2022
USD ($)
Jun. 30, 2024
USD ($)
Transmission Related Vegetation Management Programs | FERC | FE                                
Regulatory Matters [Line Items]                                
Customer refund                             $ 45,000,000  
Customer refund, net                             34,000,000  
Capital assets                             195,000,000  
Operating expense                             90,000,000  
Operating expense, net                             67,000,000  
Utilities reclassification to operating expense                             105,000,000  
Amount of costs recovered                               $ 64,000,000
Reduction in operating expense                             160,000,000  
Utilities cooperate support                             $ 200,000,000  
Utilities, transmission owning utilities join an RTO                       0.00500000        
Pennsylvania | EE&C Phase IV | PPUC                                
Regulatory Matters [Line Items]                                
Public utilities, approved energy consumption reduction targets, cost recovery                               $ 390,000,000
Pennsylvania | EE&C Phase IV | PPUC | ME                                
Regulatory Matters [Line Items]                                
Demand reduction targets                               2.90%
Energy consumption reduction targets                               3.10%
Pennsylvania | EE&C Phase IV | PPUC | PN                                
Regulatory Matters [Line Items]                                
Demand reduction targets                               3.30%
Energy consumption reduction targets                               3.00%
Pennsylvania | EE&C Phase IV | PPUC | Penn                                
Regulatory Matters [Line Items]                                
Demand reduction targets                               2.00%
Energy consumption reduction targets                               2.70%
Pennsylvania | EE&C Phase IV | PPUC | WP                                
Regulatory Matters [Line Items]                                
Demand reduction targets                               2.50%
Energy consumption reduction targets                               2.40%
Pennsylvania | New LTIIPs | PPUC | Pennsylvania Companies                                
Regulatory Matters [Line Items]                                
Recovery period                           5 years    
Approved total capital investments                           $ 572,000,000    
Pennsylvania | New LTIIPs | PPUC | Pennsylvania Companies | Subsequent Event                                
Regulatory Matters [Line Items]                                
Proposed investment amount $ 1,600,000,000                              
Pennsylvania | 2025-2029 LTIIP | PPUC | Pennsylvania Companies | Subsequent Event                                
Regulatory Matters [Line Items]                                
Proposed investment amount $ 1,400,000,000                              
Pennsylvania | Energy Efficiency and Peak Demand Reduction Stipulation Settlement | NJBPU | FE PA | Distribution Segment                                
Regulatory Matters [Line Items]                                
Increase base distribution rate   $ 502,000,000                            
Approved ROE   11.30%                            
Capital structure, debt   46.20%                            
Capital structure, equity   53.80%                            
Public utilities, net average rate increase, percentage   0.077                            
Public utilities, residential rate increase, percentage   0.105                            
West Virginia | WVPSC | MP and PE                                
Regulatory Matters [Line Items]                                
Amount of requested rate increase               $ 207,000,000                
Approved amount of annual increase     $ 105,000,000 $ 105,000,000                        
Requested amount of annual depreciation expense               $ 75,000,000   $ 76,000,000            
Increase in annual amount of depreciation expense       $ 33,000,000     $ 33,000,000                  
Pre tax benefit                               $ 60,000,000
West Virginia | WVPSC | MP and PE | Solar Generation Project                                
Regulatory Matters [Line Items]                                
Percent of subscriptions required prior to commencement of construction                     85.00%          
Plant capacity (in MW's) | MW                 30   50          
Expected cost of the program                               $ 110,000,000
Number of approved solar sites | site                         3      
West Virginia | ENEC | WVPSC | MP and PE                                
Regulatory Matters [Line Items]                                
Amount of requested rate increase           $ 167,500,000                    
Under recovered amount, percent           9.90%                    
Public utilities, deferred requested rate Increase amount           $ 92,000,000                    
Supplemental requested decrease           267,000,000                    
Public utilities, requested under recovery, not recovered, amount           $ 75,600,000                    
Carrying charge, percent           0.04                    
Approved amount of annual increase         $ 55,400,000                      
Recovery amounts         50,000,000                      
West Virginia | Expanded Net Energy Cost Through 2026 | WVPSC | MP and PE                                
Regulatory Matters [Line Items]                                
Approved amount of annual increase         $ 184,000,000