Pepco Requests Rate Hike for Faster Improvements

Friday, Nov 30, 2012  |  Updated 7:43 PM EDT
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Pepco Requests Rate Hike for Faster Improvements

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A Pepco worker checks lines in Bethesda, Md.

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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.

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