Thursday, July 28, 2011

County Files Brief in Pepco Investigation

Despite earlier reports that Montgomery County would withdraw its participation in the Maryland Public Service Commission's (PSC) investigation into Pepco's reliability, you can rest assured we are fully in the game, recently filing a brief in support of improving Pepco's service.

The 57-page brief argues that the PSC should declare that Pepco has been "imprudent" in operating an unreliable electric system in Maryland since at least 2005, and that the PSC should impose the following remedies:

~Require that Pepco/PHI's shareholders, not Pepco's customers, bear the cost of improving the quality of its service to at least a "second quartile" reliability level; 

~Consider reducing Pepco's allowed rate of return on equity and require Pepco to provide certain billing credits to its customers; and 

~Ultimately, consider modifying Pepco's service territory or revoking Pepco’s authority to exercise its franchise.

On August 8, Montgomery County and all other parties may file additional reply briefs answering the arguments contained in each other's initial briefs. The Public Service Commission then will review all the briefs in the hearing record and issue a written order deciding the case.

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