Potomac Edison Rate Increase 2023 Upon approval of the base rate adjustment Potomac Edison customers would continue to pay the lowest electric rates among Maryland s investor owned
Potomac Edison a subsidiary of FirstEnergy Corp requested 44 million in rate increases from the Maryland Public Service Commission PSC to add additional The utility s proposal would increase distribution rates substantially by 42 percent from current rates with the average customer s distribution charges increasing
Potomac Edison Rate Increase 2023
Potomac Edison Rate Increase 2023
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Case No 9702 Potomac Electric Power Company s application for a multi year rate plan filed May 16 2023 pepco Effective June 1 the Energy Supply Charge rate included in the SOS for Potomac Edison s non shopping residential customers in Maryland will be 8 514 cents
The proposed increased rates and charges will be come effective June 30 2023 unless otherwise ordered by the Public Service Commission and will produce a 207 452 687 Specifically the Potomac Edison Electric Supply Charge will be 8 514 cents per kWh for the period June 2023 through September 2023 about 35 higher than the
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If approved the average base rate will go up by 15 percent for residential customers 12 5 percent for commercial customers and 9 4 percent for industrial The companies had asked for a hike that would have raised the average residential customer bill about 11 05 per month from 115 05 to 126 10 a 9 6
Potomac Edison customers will continue to pay the lowest electric rates among Maryland s investor owned regulated electric distribution companies The MORGANTOWN Consumer groups and industrial customers of Mon Power and Potomac Edison have filed objections and suggestions with the state Public
SoCal Edison Moving Customers To New time of use Rate Plans That Will
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The Rate Hikes Will Continue Until Inflation Improves
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Upon approval of the base rate adjustment Potomac Edison customers would continue to pay the lowest electric rates among Maryland s investor owned
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Potomac Edison a subsidiary of FirstEnergy Corp requested 44 million in rate increases from the Maryland Public Service Commission PSC to add additional
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Potomac Edison Rate Increase 2023 - Jul 12 2023 FREDERICK Electric utility Potomac Edison has requested a rate change to bring in more than 50 million eliciting backlash for a projected 10 increase in the
