Oh, Boy: PEPCO Hitting Cutstomers With Special Charge... To Cover The Income They Lost When They Couldn't Sell Power During Their Blackout

What? Huh?

Yup.

Just so you understand: Some people in the area afflicted by the derecho went without power for a week. People were, understandably, hopping mad at the power companies for taking so long to get the juice turned back on.

Turns out, they're the real victims, and will be billing customers a special charge for the power they didn't/couldn't use.

Some of you [in Maryland] will see an extra charge in your next electric bill because Pepco and BGE lost money when they couldn't charge customers to deliver power during the storm outage.

...

Only regulators in Maryland allow utilities to recoup lost billings by invoicing customers directly.

"Not good. Not good at all, that's not a good thing," said Maryland power customer Alice Jenkins "I must call Pepco and ask them about that."

"It's the law," said Pepco spokesman Bob Hainey. "It's called bill stabilization."

Hainey asked whether this reporter was capable of understanding the online explanation at Pepco.com of the Bill Stabilization Adjustment and declined to comment when he realized he was on the record.

"I'm not talking anymore," Hainey said. "I hear you typing."

Thanks to @benk84

posted by Ace at 03:10 PM

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