Pepco Rates Going Up

PSC doesn't approve full increase

By Megan McGrath
|  Wednesday, Mar 3, 2010  |  Updated 10:38 AM EDT
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Pepco Rates Going Up

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Pepco rates will be going up for D.C. customers, but not as much as the power company wants.

The Public Service Commission approved a $19.8 million increase in distribution rates Tuesday -- that's well below the $44.5 million that Pepco had requested.

According to the commission, the hike will be offset by a recent cut in supply rates, making the overall average increase between $1.30 to $2.30 a month.

The commission's decision can be appealed. If it takes effect, customers would see the higher rates at the end of March.

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