Delmarva Power Seeks $39M for Meter Swap - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Delmarva Power Seeks $39M for Meter Swap

Posted: Updated:

DOVER, Del. (AP)- Delmarva Power is seeking to be reimbursed $39 million for replacing its Delaware customers' old meters with smart ones that allow remote access.

In a recent filing the utility asks the state Public Service Commission to create a process to recoup the money over 15 years.

The installation cost $72 million, most of which was offset by savings. But the utility says $26.5 million of the amount it's seeking would make up for the lost value of the old meters, which had not been fully depreciated.

Delmarva says it would only seek to recover funds from customers after implementing programs to help them save. Rep. John Kowalko, the House Energy Committee chairman, says it's a business expense that should be borne by shareholders.

 

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Archaeologists Dig For Clues About Suspected Slave Cabin In Cambridge

    Archaeologists Dig For Clues About Suspected Slave Cabin In Cambridge

    Thursday, May 23 2019 5:48 PM EDT2019-05-23 21:48:35 GMT
    Thursday, May 23 2019 5:48 PM EDT2019-05-23 21:48:35 GMT
    It's a cabin in the woods, but for archaeologists there are plenty of mysteries to uncover inside the Cambridge building.More
    It's a cabin in the woods, but for archaeologists there are plenty of mysteries to uncover inside the Cambridge building. More
  • Inmate Acquitted of Correctional Officer's Killing in Del. Prison Riot

    Not Guilty Verdict for Inmate in Deadly Vaughn Prison Riot

    Thursday, May 23 2019 3:02 PM EDT2019-05-23 19:02:12 GMT
    Thursday, May 23 2019 3:46 PM EDT2019-05-23 19:46:07 GMT
    Roman ShankarasRoman Shankaras
    Roman ShankarasRoman Shankaras
    A jury on Thursday afternoon acquitted an inmate accused of leading a riot at Delaware's maximum-security prison during which a correctional officer was killed and other staffers taken hostage.More
    A jury on Thursday afternoon acquitted an inmate accused of leading a riot at Delaware's maximum-security prison during which a correctional officer was killed and other staffers taken hostage.           More
  • EPA Awards $236K for Maryland Beach Programs

    EPA Awards $236K for Maryland Beach Programs

    Thursday, May 23 2019 5:46 PM EDT2019-05-23 21:46:07 GMT
    Thursday, May 23 2019 5:46 PM EDT2019-05-23 21:46:07 GMT
    (Photo: WBOC)(Photo: WBOC)
    (Photo: WBOC)(Photo: WBOC)
    As the nation heads into the summer beach season, the U.S. Environmental Protection Agency (EPA) has begun awarding up to $9.24 million across 39 states, territories, and tribes to develop and implement beach monitoring and notification programs.More
    As the nation heads into the summer beach season, the U.S. Environmental Protection Agency (EPA) has begun awarding up to $9.24 million across 39 states, territories, and tribes to develop and implement beach monitoring and notification programs.More
Powered by Frankly

All content © Copyright 2000 - 2019 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices