Potomac Edison trims request for electricity rate increase

August 21, 1994|By From Staff Reports

Potomac Edison electric customers in Maryland probably will see a rise in their electric bills this fall, but the utility has cut its requested increase to about half of what it asked for in April.

In an agreement filed with the Public Service Commission (PSC) last week, the rate increase would amount to $19.6 million. The figure includes a $4.9 million surcharge the company imposed to comply with the federal Clean Air Act and has been collecting since spring.

The revised figures, worked out between representatives of Potomac Edison and the PSC, would amount to an average 5.6 percent increase in residential bills, according to Assistant People's Counsel Christopher R. Cook.

Subtracting the Clean Air Act surcharge, the total drops to about $14.6 million, Mr. Cook said.

Of the $14.6 million, $8.5 million would be charged to residential customers. Commercial and industrial customers would pay different increases.

The increase the company requested in April would have amounted to $30 million, including the Clean Air surcharge -- an average increase of 13.3 percent.

The new rate structure would take effect in November if it is approved by the PSC, Mr. Cook said.

A hearing on the revised increase request has been scheduled for Sept. 1 at PSC headquarters on St. Paul Place in Baltimore.

Potomac Edison serves some 187,000 customers in Maryland -- about 9,400 in Carroll.

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