ROCKVILLE, Md. (AP) — The utility Pepco is seeking a $43.3 million rate hike in Maryland, the utility’s third requested increase in two years.
Pepco filed an application for the rate increase Wednesday with the state Public Service Commission.READ MORE: Victims In Triple Fatal Fire In Baltimore Rowhome Remembered During Funeral
The proposed increase would raise the average monthly electric bill by $4.80 for residential customers in Montgomery and Prince George’s counties.READ MORE: Baltimore Gang Member Faces Up To 36 Years For Pleading Guilty To Two Murders, Drug Distribution Charges
Pepco officials say their request is justified by improved performance, declining power outages and extensive upgrades.
Pepco is also seeking a $44 million rate increase in the District of Columbia. That request is pending.MORE NEWS: Sex Offender Faces 10 Years In Federal Prison For Accessing With Intent To View Child Porn
(Copyright 2013 by The Associated Press. All Rights Reserved.)