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O'Malley Offers Kind Words To Pepco, PSC

Gov. Martin O'Malley (D) applauded both Pepco and the state's Public Service Commission today after the utility announced it would grant $39 million in bill credits to its 500,000 Maryland customers as a result of an earlier legal settlement with Mirant Corp., the company that purchased Pepco's power plants in 2000.

"The Maryland Public Service Commission and its Staff worked diligently to make sure Maryland consumers were represented and protected in this settlement," O'Malley said in a statement. "I also appreciate Pepco's willingness to work with the Maryland Public Service Commission as we work to secure our energy future."


The governor's sentiment was in sharp contrast to the fighting words he's had lately for Baltimore Gas & Electric, the state's largest electricity provider. O'Malley has accused BGE's parent company of "standing for one thing and one thing only: The profit motive."

Energy costs promise to be a major issue heading into the 2010 elections.

As a result of the settlement, Pepco said residential customers who use an average 1,000 kWh of electricity a month will receive a one-time credit of $30.36 on their August bills. The exact amount will depend on their usage.

Pepco's customers in the District received a similar credit in March following approval by the D.C. Public Service Commission.

By John Wagner  |  July 10, 2009; 5:08 PM ET
Categories:  John Wagner  
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Comments

Well done, Governor! This one scores for he consumer and the taxpayer. Please do NOT stop there. We need more of this.

TGIF

Posted by: free-donny | July 10, 2009 8:46 PM | Report abuse

Well done?? What good is a one time $30 credit and how much is this going to cost us in the end? We already know that we can't trust anything that comes out of O'Malley's mouth--like when he touted his BGE deferred credit scheme...He left out the small detail that everyone will owe interest on that "credit". When it comes to Pepco and BGE, O'Malley hasn't a clue of what to do other than to continue to deceive Marylanders through shell games...just as he continues to do with the budget which is still a mess even after his tax grab. Well done? You must be on crack.

Posted by: Digitalman08 | July 11, 2009 9:55 AM | Report abuse

Not well done to me. He told us folks who live in Montgomery County and pay the highest electric rates in the state to PEPCO...I don't care about you, you all can afford it, I need to pander to Baltimore voters.

Posted by: VikingRider | July 11, 2009 6:19 PM | Report abuse

MD GOP sour grapes aside, this is good news (though no one will retire on this Pepco billing credit). It is a small step in the right direction and more than Erlich ever schmoozed out of these power barons.

Posted by: free-donny | July 12, 2009 9:31 PM | Report abuse

A whopping $30 credit aside, at least Ehrlich didn't continually lie to us.

Posted by: Digitalman08 | July 13, 2009 12:59 PM | Report abuse

Oh hey, the jerk in Annapolis finally realized that there's more to the state than Baltimore.

$30, how ... helpful?

Posted by: reiflame1 | July 13, 2009 8:19 PM | Report abuse

Thirty bucks, it's like the Roman Emperors throwing bread to the masses. And what a coincidence, isn't next year an election year?
Democrats or Republicans, take your pick, they're all part of the establishment. None of them has made a susbstantial, permanent, environmentaly sustainable, change in utility policy.

Posted by: VikingRider | July 13, 2009 9:39 PM | Report abuse

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