Yes, Exelon did propose this alarming rate increase this year.
Mark your calendar. On
Thursday, September 5th @ 3:00 PM, join the DC Environmental Network for a briefing featuring People's Counsel Sandra Mattavous - Frye and her team. Sandra will share the historic significance of this $162 million-dollar rate increase, and associated request for changes that will make increases automatic and multi-year.
“OPC is shocked and dismayed by the size of Pepco’s rate increase,” said People’s Counsel Sandra Mattavous-Frye. “Pepco is proposing a fundamental change in how rates are calculated in the District. OPC will continue its unwavering commitment to be a strong and thorough advocate for ratepayers and will advocate vigorously to ensure that Pepco’s rates are reasonable, and that Pepco is only authorized to collect from its customers those costs that are necessary for the delivery of safe, reliable, resilient, affordable, and environmentally sustainable service. OPC will thoroughly analyze Pepco’s application. My goal is to ensure that any rate plan authorized by the DCPSC both generates real, tangible benefits for District consumers and supports the District’s environmental goals and modernization policies,” People’s Counsel Mattavous-Frye further stated.
Learn how these proposed rate increases may hamper progress on grid modernization and other initiatives necessary for reducing the carbon emissions that cause climate change.
Participants can also ask questions and share views about the Pepco/Exelon merger commitments, Solar, DC Water Consumer Protection Amendment Act of 2018 implementation, and other issues of concern to the environmental community.
Hope to see you next Thursday, on September 5th!