Delaware Customers Face $15 Bill Hike, Grid Upgrade Fight
Dover News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Delmarva Power customers in Delaware are bracing for a fifteen-dollar increase in their monthly bills starting in June, due to a hike in the Standard Offer Service rate. This rate, which is the default electricity price for those who dont shop around, is set through bids in the PJM marketplace. The increase is not due to Delmarvas profit, but rather a supply crunch causing market costs to soar. The Public Advocate backs the latest SOS auction as legitimate, but deems the overall impact on customers as brutal due to rising energy costs from various sources. Delmarvas full rate hike request, particularly their requested return on investment, is under scrutiny by the Public Service Commission.
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