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Latest Pepco Holdings Items
The Maryland Public Service Commission has approved an electricity rate hike for Pepco, but less than the utility requested.
This is a topic that one must approach delicately so as not to offend the reader's sensibilities, but since it is a matter of importance for which you may receive a bill for some portion of $470 million, we start out with an analogy.
A tornado was reported in central Montgomery County amid fast-moving storms that buffeted the D.C. area Thursday with rain and wind, National Weather Service officials said.
Pepco has been faulted repeatedly for dismal reliability and the electric company's hundreds of thousands of customers have little choice but to go with the monopoly, yet its chief executive's compensation package rose from $6.7 million in 2011 to $11.4 million last year, financial documents filed last week show.
The organization that monitors power companies in Maryland on Wednesday set a deadline for utilities to submit their plans to improve service and avoid future weather-related disasters.
More than 100,000 people in the D.C. metro area are without power Tuesday morning in the aftermath of Hurricane Sandy, but local officials say things could have been much worse.
Energy providers in the D.C. region are urging residents to stay safe, warm and patient as Hurricane Sandy knocks out power to thousands of homes and leaves outages that could last for several days.
Amid a looming labor crisis and push for rate increases, the utility serving the nation's capital has given a big pay raise to the newly hired top lawyer and a $700,000 severance deal that will keep the company's longtime general counsel around for years in a newly created consultant's job, regulatory filings show.
Members of a newly formed task force looking at ways to reduce power outages in the District said it might be wiser to bury power lines only in high-risk areas than shell out billions for a citywide project.