FirstEnergy (FE) Seeks a $52.8M Maryland Rate Increase. Can Reliability Pass the Affordability Test?
FirstEnergy Corp. (NYSE:FE), through its Potomac Edison subsidiary, proposed a $52.8 million Maryland distribution-rate adjustment to support investment in aging infrastructure, grid modernization and electric-system reliability. If approved, the request would increase the average residential customer’s monthly bill by approximately 5.3%. Potomac Edison said its electric rates were 25% below the average of its in-state […]
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