Pepco Requests Rate Hike for Faster Improvements

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    NEWSLETTERS

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    A Pepco worker checks lines in Bethesda, Md.

    Pepco wants customers to pay more so the utility can make improvements to the system.

    The power company asked the Maryland Public Service Commission Friday to authorize a $60 million increase in base distribution rates.

    That equals about a 5 percent increase on a typical customer's bill. Customers who currently pay $143 per month, would pay an extra $7 per bill.

    In exchange, Pepco will speed up improvements planned over the next 3 years, officials said.