Pepco is asking the D.C. Public Service Commission for a 5.25 percent across-the-board rate increase for most of its 282,000 District customers.
The request comes three months after the company completed its $6.8 billion merger with Exelon. In April, Pepco filed a request with the state of Maryland to increase rates 10 percent for Montgomery and Prince George’s counties, which would generate $127 million annually. That request is under review.
Under the proposal, filed Thursday, the typical Pepco residential customer in the District would see their power bill increase by $4.36 a month, according to Pepco’s president, Donna Cooper.
Click here to read the rest of the article written by Thomas Heath over at Washington Post