Statement by Councilmembers Cheh and Silverman on Pepco’s $85.5 million Rate Increase Request

WASHINGTON, D.C. – Today, June 30th, Councilmember Mary M. Cheh (D – Ward 3) and Councilmember Elissa Silverman (I – At Large) released the following joint statement in response to Pepco’s request to the Public Service Commission for a rate increase of $85.5 million for customers in the District of Columbia:

 

“No sooner does the ink dry on the merger than Pepco issues a request for District residents to pay the largest single rate increase in decades. We predicted that this would happen and now it has come to pass in the District as it has in other jurisdictions bound to Exelon.

We can only hope that the Public Service Commission will push back against this exorbitant request and limit it to the barest increase it can justify. The Office of the People’s Counsel’s new Merger Compliance Team should act as a vigilant watchdog. This recent action underscores the need to study a public-power option and pursue sustainable, alternative energy sources in the District of Columbia.”

 

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