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BRIEF-Comed announces delays to grid modernization after ICC rehearing decision

Oct 3 (Reuters) - Exelon Corp :

* Comed announces delays to grid modernization program following icc rehearing

decision

* Comed-ruling defers smart meter installations to 2015, postpones creation of

2,000 jobs and $2.3 billion in customer savings

* Comed-Illinois Commerce commission decision denied cost recovery on two key

issues, which comed will appeal in court

* Comed-Illinois Commerce commission decision that granted comed recovery of

the cost of funding its pension

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