Lawmakers say company's reaction disappointing but not surprising
Pepco warned Tuesday that its reliability --
heavily criticized after a storm last month left thousands of customers
without power for days in scorching heat -- will suffer without the
higher rate increases that it requested from Maryland regulators.
The Maryland Public Service Commission, or
PSC, approved $18 million of the company's requested $68 million rate
hike, pointing to Pepco's poor performance over the last several years.
Even so, residents will pay an average $2.02 more a month for their
electricity.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
1 comment:
Interesting too that after Glendennings agreement years ago with the power companies that Ehrlich actually fought the democrats to fix O'Malley comes in, puts one of his cronies in charge of the PSC and gives him a $60K a year raise.
Yup, one party state. Aren't you dems just loving it?
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