BGE, Pepco Propose Significant Increase in Residential POR Discount Rate

Baltimore Gas & Electric and Pepco have filed at the Maryland PSC updated discount rates proposed to be effective June 1, 2014, which include significant increases in the residential discount.

Baltimore Gas & Electric's updated POR discount rates, proposed to be effective June 1, 2014, are as follows:

             Current Discount      New Discount
Residential      0.1352%             0.9475%
Type I           0.0000%             0.0000%
Type II          0.0000%             0.0000%
Hourly           0.0000%             0.3564%

Pepco's updated Maryland POR discount rates, proposed to be effective June 1, 2014, are as follows:

             Current Discount      New Discount
Residential      0.2543%             1.1687%
Type I           0.2704%             0.6327%
Type II          0.0000%             0.0926%
Hourly           0.6280%             0.0000%

Delmarva's updated Maryland POR discount rates, proposed to be effective June 1, 2014, are as follows:

             Current Discount      New Discount
Residential      0.0000%             0.0000%
Type I           0.0000%             0.0000%
Type II          0.1987%             0.0000%
Hourly           0.0000%             0.0000%

The proposed discount rates are subject to PSC approval.