Delaware Regulators Mull Delmarva Power Rate Plan - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Delaware Regulators Mull Delmarva Power Rate Plan

Posted:

DOVER, Del. (AP) - Delmarva Power is asking Delaware utility regulators to open a docket on the company's proposal for a long-term rate plan.

Last week, Delmarva Power proposed a plan that would set rates through 2017.

The plan would replace a pending rate case Delmarva Power filed in March. Both plans were to be discussed at Tuesday's Public Service Commission meeting in Dover.

Delmarva Power says the long-term plan would result in a lower-than-authorized rate of return for the company, and that extending the period between rate filings would save regulatory filing costs.

If approved, the long-term plan would replace the pending rate case. A typical residential customer would pay about $2.40 more per month over the four years.

Delmarva Power says the long-term plan will help customers budget for rate increases.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Dorchester County Teacher Placed on Leave

    Dorchester County Teacher Placed on Leave

    Saturday, August 23 2014 12:44 AM EDT2014-08-23 04:44:34 GMT
    A Dorchester County public school teacher has been placed on administrative leave just days before the start of the new school year.More
    A Dorchester County public school teacher has been placed on administrative leave just days before the start of the new school year.More
  • Two Injured After Shots Fired in Seaford

    Two Injured After Shots Fired in Seaford

    Saturday, August 23 2014 8:34 AM EDT2014-08-23 12:34:33 GMT
    Delaware State Police are investigating an incident where several shots were fired at a party in Seaford injuring two male subjects.More
    Delaware State Police are investigating an incident where several shots were fired at a party in Seaford injuring two male subjects.
    More
  • Felton Man Arrested for Meth Lab

    Felton Man Arrested for Meth Lab

    Saturday, August 23 2014 8:47 AM EDT2014-08-23 12:47:02 GMT
    Delaware State Police arrested Felton man Friday evening after a burglary investigation leads to a methamphetamine operation.More
    Delaware State Police arrested Felton man Friday evening after a burglary investigation leads to a methamphetamine operation.
    More
Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service