June 12, 2014

County Files Brief against Pepco’s Latest Rate Increase Request

Montgomery County has filed its initial brief with the Maryland Public Service Commission in Case No. 9336, in opposition to Pepco’s most recent rate increase request.

The utility has requested a distribution rate increase of $37.4 million, an approximately 2.8% increase for the typical residential customer total bill. The County has concluded that Pepco has a revenue surplus, or excess earnings, and that the rates should be reduced by $1.5 million.

Pepco has also requested an increase in their Rate of Return to 7.92%. The County supports a 7.31% Rate of Return.

Due in part to past aggressive County opposition, $50 million in PEPCO increase requests were rejected by the Maryland Public Service Commission in 2013.

See a copy of the County’s brief.