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Seeking its third base rate increase in four years, Potomac Electric Power Co. won approval from Maryland regulators Friday for a $28 million increase in distribution rates and a $24 million surcharge to accelerate the hardening of feeder lines. Pepco had asked the Maryland Public Service Commission for almost $61...
Exelon Corp. spent more than $400,000 lobbying the Maryland legislature between November 2012 and April 2013, making it the top spender in the state, according to recently-released data. In all, utilities and other electric industry companies spent $1.25 million in lobbying over the six-month period. The companies spent $1.8 million...
Integrating offshore wind into PJM will require billions in new transmission spending, either with radial lines from wind farms to shore or something like the Atlantic Wind Connection, a proposed a 300-mile transmission “backbone” off the coast from New Jersey to Virginia. Lines on shore also will have to be...
PJM State offshore wind potential chart If the U.S. is to enter the offshore wind industry, it will likely happen first on the Atlantic Coast. The coastline’s shallow waters are similar to those in Europe, which has been building utility-scale offshore wind for more than a decade. And more than...
Delmarva Power & Light Co. filed rate hike requests totaling almost $65 million in Delaware and Maryland, saying its revenues have not kept pace with growing capital spending. Delmarva asked for a $42 million annual increase in its electric distribution rates in Delaware, where it serves 300,000 customers, and $22.7...
The Maryland Public Service Commission upheld an administrative law judge ruling allowing Williamsport, Md., to pass through to ratepayers PJM’s annual $5,000 membership fee. The commission ruled March 18 that the fee is part of the cost of purchased power because the town is required to be a PJM member...
The Maryland legislature Friday, March 29 rejected a bill that would have removed so-called “black liquor,” a paper mill byproduct, from qualifying as a renewable fuel. The bill, which had passed the Senate easily, failed in a House committee in the face of lobbying by labor unions and paper companies.
Unhappy with a $24 million rate increase approved in September, Potomac Electric Power Company asked D.C. regulators March 8 for an additional $52.1 million in distribution revenue. Pepco said it needs the increase because its revenues have not grown enough to support increased spending on reliability improvements. In its previous...
The House Monday night (March 18) gave final approval to Gov. Martin O’Malley’s bill to subsidize development of offshore wind energy. The legislation will raise residential bills by $1.50 per month; most businesses would see a 1.4% increase in rates. Read more in the Baltimore Sun.
The Maryland Public Service Commission will begin archiving live-stream broadcasts of its proceedings over the Internet beginning May 1. The archives will be kept for six months.
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