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Pepco rate increase

Electric · Maryland, District of Columbia · Investor-owned utility · part of Exelon Corporation

Partially approved

Last checked

In Maryland, the latest approved rate change for Pepco took effect August 2026: 2026 electric distribution rate case (Maryland, Case No. 9820). See the details below for what the sources say about bill impacts.

Details and sources · Estimate for your home

Rate changes, newest first

2026 electric distribution rate case (Maryland, Case No. 9820)

Base rate case · Maryland · Electric

Partially approved

Typical residential bill

Not stated for a specific usage level. Any figures the sources give are in the summary below.

Filed
October 14, 2025
Decided
August 28, 2026
Effective
August 2026
Requested increase
$133 million
Approved increase
$50.95 million

Pepco filed in October 2025 for a $133 million annual distribution increase at a 10.5% ROE, later updated to $119.9 million. On Aug. 28, 2026 the PSC granted $50.9 million at a 9.40% ROE, disallowing White Flint project costs and projected inflation and labor costs. The PSC estimates about $3.94 a month (about 2.25%) for the average residential customer.

Utility's stated reasons

  • continue safe and reliable distribution service
  • reliability projects placed in service after the test year
Sources (4) · Verified against regulator or utility filings

Last verified Sep 29, 2026

First multi-year plan final reconciliation surcharge (Maryland, Case No. 9655)

Rider · Maryland · Electric

Partially approved

Typical residential bill (824 kWh/month)

  • +$0.64/mostarting April 1, 2026PSC's net estimate after an earlier reconciliation surcharge ended; $1.39 gross. Recovered April 2026 to March 2027. The 824 kWh basis is the average customer the order cites for Pepco's proposed rate.
Filed
July 29, 2024
Decided
March 31, 2026
Effective
April 1, 2026
Requested increase
$30.55 million
Approved increase
$13.36 million

Pepco asked to recover about $30.6 million it said it under-collected in 2023, the last year of its first Maryland multi-year plan. On March 31, 2026 the PSC allowed $13.36 million, citing spending well above the approved budget. The PSC estimated a net bill effect of about $0.64 a month for the average residential customer, collected from April 2026 through March 2027.

Utility's stated reasons

  • recover 2023 costs above the multi-year plan budget
Sources (2) · Verified against regulator or utility filings

Last verified Sep 29, 2026

2025-2026 multiyear rate plan (District of Columbia, Formal Case No. 1176)

Multi-year rate plan · District of Columbia · Electric

In effect

Typical residential bill (614 kWh/month)

  • +$7.52/mostarting January 2025Pepco's figure for 614 kWh; the PSC press release says $7.54 for the average residential customer.
  • +$3.80/mothen from 2026Second-year step; Pepco and the PSC both give $3.80.

Combined: +$11.32/mo

Filed
April 13, 2023
Decided
November 26, 2024
Effective
January 2025
Requested increase
$190.7 million
Approved increase
$123.4 million

Pepco sought $190.7 million over 2024-2026 in its Climate Ready Pathway plan. In November 2024 the PSC approved $123.4 million over two years ($99.7 million for 2025, $23.7 million for 2026). The D.C. Court of Appeals vacated the approval in March 2026 for lack of an evidentiary hearing; the PSC kept current rates in place while it reviews the case, with a hearing set for Oct. 13-14, 2026.

Utility's stated reasons

  • grid reliability and resilience
  • support the District's clean energy and carbon-neutral goals
Sources (5) · Verified against regulator or utility filings

Last verified Sep 29, 2026

What it could mean for your bill

Sources state the impact for one typical home. Enter your own usage or bill for a rough estimate.

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Who decides

  • Maryland Public Service Commission (Maryland) · Search dockets
  • Public Service Commission of the District of Columbia (District of Columbia) · Search dockets

Utility website: www.pepco.com

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Last checked Oct 2, 2026. Spotted something out of date? Tell us.