This morning's Washington Post carries a story by Martin Weil about Pepco's plan (also includes Delmarva Power) to allow customers a more gradual transition to the 38% higher electricity rates that were scheduled to take effect in June.
The Post online carries an updated story from this afternoon. Pepco lobbyist Therese Yewell is quoted. Apparently customers will not be asked to pay interest for the relief plan. It is unclear how much this will cost Pepco.
A public service commission hearing is scheduled for 2pm tomorrow.
Martin O'Malley is scheduled to announce his energy plan tomorrow.
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