1

Illinois Settlement

•

Continued ComEd membership in PJM

•

Competitive procurement for supply

•

Filed

competitive

declaration

for

100

-

400

kW

customers

•

Statute mandates cost recovery for purchased power

•

Reduced uncertainty around conditions for ICC approval

for strategic transactions such as reorganizations or

mergers

•

Immediate rate relief for customers

•

Provisions to help stabilize rates

•

Energy efficiency and demand response programs and

renewable portfolio standards

Protects Competitive

Markets

Protects value of

generation

Provides Strategic

Flexibility

Customer Focused

•

Eliminates the IL Attorney General’s challenges to the

2006 auction

•

Financial swap at market prices

•

No generation tax

Exhibit 99.1