PSC Reduction of Pepco Rate Hike in Line with OPC's Push for More Utility Bill Relief for Low Income DC Residents

PRESS RELEASE

July 24, 2017

 

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Washington, D.C. -- DC People's Counsel Sandra Mattavous-Frye today expressed cautious optimism about the Public Service Commission's (PSC) decision to increase Pepco's distribution rates by $36.88 million, although higher than OPC's proposed maximum of a $25 million rate increase. Pepco initially sought a rate hike of $85 million which OPC viewed as too high and unjustified. The request was subsequently reduced to $77.5 million.