As energy costs soar, Pepco wants to raise rates again

This article was written by WTOP’s information associate, The Banner Montgomery, and republished with permission. Subscribe to The Montgomery Banner here.

Pepco Director of Regulatory Strategy Lushaé Cook speaks with WTOP’s Shawn Anderson and Anne Kramer a couple of potential charge hike.

Pepco clients can deliver their considerations over a proposed charge hike immediately to the state’s utility regulator within the coming weeks.

The Exelon subsidiary, which serves greater than 600,000 clients in Montgomery and Prince George’s counties, is looking for state approval to enhance the charges it fees to ship electrical energy to houses and companies.

The Maryland Public Service Commission introduced Wednesday that it’s going to maintain digital hearings on April 14 and 17 to present individuals an opportunity to touch upon the proposal.

Pepco representatives have mentioned the corporate should deliver in additional income to pay for a whole bunch of restore and upkeep initiatives, comparable to upgrading substations and changing underground cables, to forestall energy disruptions.

If the Public Service Commission approves the proposal, clients would see a median enhance of $11.73 of their month-to-month payments, doubtless starting in August. The five-member fee should concern a call by Aug. 10.

This story continues. Read the rest at The Banner Montgomery.