Pepco power pole for slider 450 x 280

Pepco Proposes Ten Percent Rate Hike for Maryland Customers

After a multi-billion dollar merger with Exelon, Pepco filed a rate hike request with the Maryland Public Service Commission on Tuesday. According to a news release, Pepco submitted the request to recover costs associated with investments in Maryland’s power grid. Image of Pepco truck door with Pepco logo

The proposed rate hike comes a week after Pepco began to send out $50 statement credits to customers in Maryland.

Under the proposed rate increase, a typical utility bill, which is around $152, will see about a $15.80 per month increase.

Dave Velazquez is the president and CEO of Pepco. Valazquez says customers can find ways to lower their power bills.

“We recognize that rate increases can be difficult for our customers, and that’s why we provide ways to help customers save on their energy bills, whether that’s through smart meter technology, energy efficiency programs or direct financial assistance to help those most in need,” Velazquez said in a news release.“With some simple changes in how they use energy in their homes, customers can significantly lower their bills and save money.”

Pepco officials say residents who face difficulty paying their bills can participate in assistance programs such as the Low-Income Energy Assistance program, Budget Billing, extended payments and other arrangements.

Officials also say that the rate increase is not tied to the recent merger of Pepco and Exelon. The rate increase only applies to Maryland Pepco customers and will not affect customers in the District.

 
Related:

Montgomery County Residents React to Proposed Pepco Rate Hike (VIDEO)

Paulette Campbell

Pepco is proposing a rate hike for customers in Maryland. The average customer would pay an additional $15.80 per month. In this MyMCMedia Extra video, Willie James Inman ask residents what they think about the proposed rate increase. Related:

Read more

Councilmember Roger Berliner Plans to Fight Proposed Pepco Rate Increase (VIDEO)

Roger Berliner

On Tuesday, Pepco filed rate hike request with the Maryland Public Service Commission. The proposed rate hike would cost the average customer about $15.80 per month.  In this MyMCMedia Extra video, Montgomery County Councilmember Roger Berliner, who is the Chair of the Council’s Transportation, Infrastructure, Energy and Environment Committee, promised to fight Pepco’s proposed rate […]

Read more

Pepco Proposes Ten Percent Rate Hike for Maryland Customers

Pepco power pole for slider 450 x 280

After a multi-billion dollar merger with Exelon, Pepco filed a rate hike request with the Maryland Public Service Commission on Tuesday. According to a news release, Pepco submitted the request to recover costs associated with investments in Maryland’s power grid.  The proposed rate hike comes a week after Pepco began to send out $50 statement credits […]

Read more
Willie James Inman

About Willie James Inman

Willie James Inman is a Community Engagement Specialist and Multimedia Journalist at Montgomery Community Media (MCM). You can email story ideas at winman@mymcmedia.org or reach him on Twitter @imwilljames.

Comments

| No comments yet.



Engage us on Facebook

Follow us on Twitter