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Topic - Steven Larsen
Mr. Larsen said the decision "removed the financial disincentives companies face if aggressive conservation efforts are successful and sales of electricity are reduced."
"The commission took a long hard look at the rate requests by Pepco and Delmarva and determined that a reduction of the initial rate requests was best for consumers while making revenue adjustments for the company that will still allow continued reliable service," commission Chairman Steven Larsen said.