Pepco Requests $60.8M Base Distribution Rate Increase
Pepco also requested additional funds to accelerate reliability improvements.
If Pepco's most recent rate increase request is approved by the Maryland Public Service Commission, typical residential customers could pay $7.13 more a month in electricity bills. The 4.98 percent increase (based on a typical residential customer using 1,000 kilowatt hours a month) would happen only if the PSC approves Pepco's request—made on Friday—for a $60.8 million increase in base distribution rates, according to a Pepco statement. The increase would pay for improvements that Pepco is in the process of making to its distribution system. The improvements, which began in 2010, appear to be working: By 2011, Maryland customers receiving electricity from upgraded feeders experienced 58 percent fewer outages and a 69 percent decrease in …
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