Delmarva Power seeks electric rate increase

Delaware Public Media | By admin

Published March 23, 2013 at 8:16 AM EDT

Delmarva Power customers could see their electric bill go up in the near future.

The utilities company filed for a $42 million base rate increase Friday.

If approved by the Delaware Public Service Commission, customers using 1,000 kilowatt hours a month would see about a $7.60 jump in their bill.

It’s a little less than a 5.5 percent increase over current rates.

Delmarva Power says they need the money for infrastructure upgrades.

The company also recently filed for a $12.5 dollar increase to their natural gas delivery prices.

If that’s approved, customers would eventually see a total decrease for that service as natural gas prices dip due to increased supply.

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