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
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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 - 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
