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.

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The proposed increase would raise the average monthly electric bill by $4.80 for residential customers in Montgomery and Prince George’s counties.

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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.

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