Delmarva Power is asking state regulators for a significant electric rate hike that could raise monthly bills for customers across Delaware, according to the Delaware Public Advocate.
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Natural gas prices have continued to increase this year and are up nearly 60 percent year to date. This is largely due to increased U.S. demand and the ongoing energy crisis in Europe.
The Delaware Division of the Public Advocate announced Tuesday that it has filed a petition with the Delaware Public Service Commission to decrease the rates of all Tidewater Utilities, Inc. customers by approximately 8 percent.