Earlier today, PJM held a special Transmission Expansion Advisory Committee (TEAC) meeting to discuss alternative methodologies to the Artificial Island project. They provided two new methodologies which would greatly reduce the burden on Delaware consumers. However, we are not done yet. We need to continue to work with the Federal Energy Regulatory Commission (FERC) asking them to approve a new cost allocation based on the analysis provided by PJM Staff. We want to thank the Board of Managers of PJM for their consideration of the cost allocation of this project and having requested PJM Staff to review alternative methods. We look forward to working on behalf of Delaware consumers asking FERC to consider one of the two new allocation methodologies.