The Maryland Public Service Commission approved the partial rate increase for Pepco on Tuesday. The distribution rate change will increase the average residential bill about $7 a month, an increase of almost 5 percent.
The commission also denied the power company’s request to extend a surcharge for its grid resiliency program, which will be eliminated from customers’ bills. The charge was added to help the utility improve reliability and safety following the 2012 Derecho that left much of the D.C. regions without power – some areas for days.
Pepco had sought to increase bills for residential customers about $15.80 a month, which would have generated about $127 million in additional revenue for the power company.
More
The press release from the Maryland Public Service Commission can be found HERE. The press release is a pdf file.
Derecho was a new term invented after the horrific damage was done by the military's weather modification program. Massive winds with no precipitation.
ReplyDeleteSome of us were paying attention, and were not fooled by the creation of a term for something which had NEVER HAPPENED BEFORE in history.
Did any of you get a 5% pay raise this year? Me neither.
ReplyDeleteThis the first time I can remember that MPSC has ever denied an increase for any utility. When did they grow balls?
ReplyDeleteCant we BILL ALL DEMS there the ones that wanted regulations.??
ReplyDeleteDelmara power creeps do this Every other year i am going off the grid ,DRAIN THE POWER SWAMP.
ReplyDeleteThey are lying, first it will not be 7 bucks it will be more than that, secondly I don't think this is the second time they raised rates... I remember them going and asking for a raise a year or so ago...
ReplyDeleteI am sure glad all of this new neat technology which makes things cheaper and faster and more accurate and more efficient, That everything is rising in cost, when it should be goign down...
That is how you know everything is rigged by the elites, and this also shows how stupid you people are for believing anything they tell you...
Now that Owe'mally's out, his utility friends don't seem to be getting unlimited increases.
ReplyDeleteAsk for ten percent, knowing that it ain't gonna happen.
ReplyDeleteSETTLE for 5%, which is what you really wanted all along.
Now the "regulators" look REAL tough, smacking down the bad electric company across the face. Standing up for their constituents and all that.
Keep cheering, but THIS was NOT a "victory" for the people.
These increases are about the upgrades need for the solar on the shore which costs more than 3.5 times more. Because renewable energy credits have tanked, the utilities can no longer hide its cost. Viola!See testimony of Ethridge PSC Case #9393. We are paying for the higher cost of solar and then the power gets a free ride at our cost to NY & NJ.
ReplyDeleteSo they are raising the rates to pay for smart meters. How lucky am I that I get to pay this increase and also pay the monthly charge because I don't have a smart meter nor do I want one. Sounds like a double fee I'm paying.
ReplyDeleteThey got an increase last year as well. My question is what are they doing with all the money?? For customers who didn't request nor want the smart meter, why are they having to pay a surcharge? Why do all the customers have to pay all these add on surcharges, plus the cost of monthly service to the residence then on top of that now another increase? They should have been maintaining their networks all along, so I am really puzzled as to why all these increases? It seems more like double, and triple dipping to me.
ReplyDeleteSame goes with the phone, and cable bills.
Pepco owns the Democrat party and can do whatever they want...Go solar !
ReplyDeleteJust the beginning
ReplyDeleteWTF!! Shoot those Regulators!
ReplyDeletelemmee c.
ReplyDeleteinsurance for car, up 35 a year, twice a year, health ins, secondary, up 65 a month, A MONTH, huge rise in water sewer, what's another 5% on electric? meanwhile my monthly SS has increased by 15 bucks over a 3 year period of time. And spouse passed away, so his 1300/mo will be greatly missed... & needed.
I guess Exelon needs to get back the money that they paid me for my inherited stock portfolio of Pepco stock.
ReplyDeleteThey should be made to cut rates in HALF
ReplyDeleteWe can't afford the ones now , which are twice as high as
they should be ...It is Criminal what is going on....
They are Ruining everyone's Lives now and if you pay
late, they can slap a Large Deposit Requirement on you too
Did you know that ?? This should not be legal either...!!
How the hell does that help anyone pay their bill ???
These Damn Electric Companys should all be Regulated by the
ReplyDeleteFederal Government so they cannot Rape and Hold America
Hostage , as they Have been doing ...they are Ruining our
lives as they are Full of greed for their stock holders,
.... they just charge whatever the hell they please and are
Never satisfied.
They have Endless money coming in and more than the banks
have...they could charge pennies on the dollar and still
be Filthy Rich .........
Us Working Middle class (real Americans) cannot tolerate
ReplyDeletethese High Electric bills.....
The Federal Gov needs to Take Over these companies and the
Oil Companies and anything else Vital to America that
clearly should Not be in Private Hands....
These companies have too much power and hold us Hostage !!
Just like living in a communist country , keeping us Poor
and under their complete control......it must STOP !!
They charge you a Late fee if you pay late
ReplyDeleteBut that's not good enough , Yea ,then on top of that,
Slap a Large deposit requirement on you as if they don't
even know you , acting like you are new.
I know people this happened to (in winter) who have been with same company for 40 years....they don't care...law lets
them do it.....this Not right ...you punished Twice !!
They will Cut you off IN A HEARTBEAT !!! believe it !!!
People have to use Pellet stoves/ Kerosene / wood stoves /
ReplyDeletespace heaters / and risk burning down their friggin house
because they can't afford the Damn Electric Bills NOW let
alone what they will be with an increase !!!!
Oil is too high / so is Propane / Natural gas / etc etc
Guess we will FREEZE this winter !! What is one to do ??
Our PAY don't rise like Electric Rates do ........
People having to buy Windmills / Solar panels
ReplyDeletebecause Electric is Already too High !!!
Where is our Government Protecting us ???