Pepco files for D.C. rate increase

Pepco on Friday requested the D.C. Public Service Commission's approval of a $52.1 million rate increase for its 258,000-plus District customers, the company announced.The rate bump to Pepco's distribution charge, if approved, would mean an average $5.89 increase, or 6.23 percent, per month for a typical residential customer who use 750 kilowatt hours.Thomas Graham, Pepco region president, said in a statement that the proposed hike is meant to recover the "significant investments" that the utility…

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