Later this year, Delmarva Power and Light – the electricity provider for Ocean City and most of the peninsula – will be going before the Maryland Public Service Commission to request a 5.5 percent rate increase, a move that is under heavy scrutiny.
The extra revenue, according to the company, is needed to cover the cost of infrastructure improvements necessary to meet the service standards required by the state. From 2011 to 2012, DP&L reduced its average number of outages per customer from 2.42 to 1.69, and the average duration of those outages from 356 minutes to 190 minutes.
But what drives the majority of the cost customers actually see on their bills is not DP&L’s internal spending, but the market price of energy itself. During a recent media tour, Ocean City Today was given the opportunity to pick the brains of DP&L President Gary Stockbridge and Public Relations manager Matt Likovich about energy prices and the future of “green” energy in Delmarva, especially given the Maryland General Assembly’s approval this year of a proposal to auction off tracts of ocean off the resort’s coast for wind farm development.
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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
3 comments:
The only thing I want to hear from DP&L about their prices is they are going down. Their prices are outrageous.
not gonna happen. supply, which is 70% of the bill, goes up every year with new contracts mandated by state. ask paris glendening.
if every other cost goes up, why would electric go down?
the longer the president and his minions keep hammering down on coal, refusing to drill for oil or allow nuke plants, its gonna go up non stop. supply and demand, demand going up, supply side staying the same or giong down. simple
They are keeping the prices up because they have been sold!!!!! Give it a month and it will be in the papers Rigby Just cashed in 50,000 shares of stocks
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