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.
Posted by: free-donny | July 10, 2009 8:46 PM | Report abuse
Posted by: Digitalman08 | July 11, 2009 9:55 AM | Report abuse
Posted by: VikingRider | July 11, 2009 6:19 PM | Report abuse
Posted by: free-donny | July 12, 2009 9:31 PM | Report abuse
Posted by: Digitalman08 | July 13, 2009 12:59 PM | Report abuse
Posted by: reiflame1 | July 13, 2009 8:19 PM | Report abuse
Posted by: VikingRider | July 13, 2009 9:39 PM | Report abuse
The comments to this entry are closed.