Delmarva Power Wants $42M Rate Increase - 47 ABC - Delmarva's Choice

Delmarva Power Wants $42M Rate Increase

Posted: Updated:

DOVER, Del. (AP) - Delmarva Power is asking Delaware regulators to approve a $42 million rate hike for electricity users.
    
The utility said Friday that the proposed base rate increase reflects rising costs for providing reliable electrical service.
    
If the rate increase is approved by the Public Service Commission, a Delmarva Power residential customer using 1,000 kilowatt hours per month would pay an additional $7.63 a month. That represents about a 5.4 percent increase.
    
Delmarva Power expects to invest approximately $397 million from 2013 to 2017 in new capital infrastructure, a large portion of which is for reliability upgrades servicing homes and businesses throughout Delaware.
    
Delmarva Power says it will implement an interim $2.5 million rate increase effective June 1 while regulators review the full revenue request.

  • ContestsMore>>

  • Midway Speedway Giveaway

    Midway Speedway Giveaway

    Thursday, June 26 2014 7:57 AM EDT2014-06-26 11:57:18 GMT
    Enter to win a Midway Speedway Four Person Park Pass This includes all day at the waterpark, four choice tickets (good for any ride or attraction) and a round of fire mountain golf. Rules No purchaseMore >>
    Enter to win a Midway Speedway Four Person Park Pass This includes all day at the waterpark, four choice tickets (good for any ride or attraction) and a round of fire mountain golf. Rules No purchaseMore >>
  • Teacher Who Makes A Difference

    Teacher Who Makes A Difference

    The WMDT 47 Teachers Who Make a Difference Contest is Sponsored by Accurate Optical: "Encouraging children of all ages to come in for an annual eye exam to help them see better in school." Each month weMore >>
    The WMDT 47 "Teachers Who Make a Difference" Sponsored by Accurate Optical Encouraging children of all ages to come in for an annual eye exam to help them see better in school.More >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.