- Pepco has sent a request to the Maryland Public Service Commission to raise the rate for its Maryland customers by 4%, making the average bill $5.50 higher, and by 5% for its D.C. customers.
- Though the commission was set to make a decision by Friday, Pepco requested an extension due to post-storm repairs last week.
- Pepco claims raising rates would add $111 million a year in revenue to help the utility improve its service.
From the article:
Montgomery and Prince George’s residents may have to wait a bit longer to learn whether their electric bills will increase.
Pepco has requested a 4 percent rate hike for its Maryland customers, meaning the average residential bill would increase by $5.50. The Maryland Public Service Commission was expected to announce its decision on the request by this Friday, but Pepco has filed a last-minute request to delay the decision another week. …