New Tax Law Leads Pepco to Reduce Rate Increase Request

A month ago, Pepco filed for a rate increase with the Maryland Public Service Commission that would add $5.14 to an average customer’s bill. The utility amended that request Monday, reducing the increase by $2.92, reflecting tax savings from the federal tax bill. The increase could instead be $2.22. “It really depends on what the … Continue reading New Tax Law Leads Pepco to Reduce Rate Increase Request