Pepco requested Friday that the D.C. Public Service Commission approve a $52.1 million rate increase for its 258,000-plus customers in the District, 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 uses 750 kilowatt hours.Thomas Graham, Pepco region president, said in a statement that the proposed hike would help recover the investments the utility has made to…
Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]
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