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May 20, 2024

Potomac Electric Power Co. (PEPCO)

State Briefs
News briefs from the states within the PJM footprint. This week we include Illinois, Indiana, Maryland, New Jersey, Pennsylvania, and West Virginia.
Reboot for FirstEnergy
With its decision to cut its dividend, FirstEnergy acknowledged last week that its focus on its unregulated business was a losing strategy. Now the question is whether its renewed focus on regulated operations will improve the fortunes of the beleaguered company enough to regain Wall Street’s favor.
DR at Home: EmPOWER Maryland
The MD PSC worked with PJM to ensure new rules on demand response would not ruin the state’s “mass market” DR: EmPOWER Maryland, part of an initiative to reduce energy consumption by 15% below 2007 levels.
Company Briefs
News briefs on companies in PJM Interconnection: AEP, ComEd, Pepco and PPL.
Future of MD Plant Unclear After Court Rebuff – Update
Maryland and CPV officials aren’t saying what their next move is in the wake of a federal court ruling that voided the state’s contract with developers of a 725 MW combined cycle plant in St. Charles.
Company Briefs
Company briefs on some of the companies doing business in PJM: FirstEnergy, NRG, Duke Energy, and Pepco.
Focus on AEP Transformer, Prices in Heat Wave Review
An overworked transformer and PJM operators’ efforts to limit prices were the focus last week as PJM continued to discuss the mid-July heat wave.
Maryland County to Challenge PEPCO Rate Hike
Ike Leggett, chief executive of Montgomery County, MD, said last week the county will appeal the MD PSC’s decision allowing a Pepco rate hike, calling it "premature."
MD OKs $28 Million Base Rate Boost for PEPCO
The MD PSC approved only some of PEPCO's rate increase; $28 million in distribution rates and a $24 million surcharge to accelerate the hardening of feeder lines.
Industrials Call for Transparency in Transmission Owner Calculations
Two-thirds of PJM’s transmission owners have failed to file FERC-approved tariffs disclosing the methodology they use to calculate customer rates ...

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