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Last Updated: September 2008
06/08: New Pepco electric generation rates became effective with bills issued on
June 1, 2008 for Pepco’s Standard Offer Service (SOS) customers in the District; that is, customers who have not chosen an alternative generation supplier. Since generation rates account for nearly 80% of residential customers’ bills, Pepco anticipates that residential customers will see an average annual increase in bills of 15.5% or about $12.75 per month. Small commercial customers’ annual bills will increase, on average, by approximately 11.9% (about $24.35 per month).
Source: District of Columbia Public Service Commission
http://www.dcpsc.org/
01/08: On January 30, 2008, the Public Service Commission of the District of Columbia issued Order No. 14712, which approved an increase in the Potomac Electric Power Company’s (PEPCO’s) distribution service rates in the District of Columbia by $28.3 million; approximately 59 percent of the Company’s revised request of $47.9 million. The Commission also approved an overall rate of return for PEPCO of 7.96 percent and a rate base of $978.3 million.
Source: District of Columbia Public Service Commission
http://www.dcpsc.org/
07/06: The Public Service Commission issued Order No.
14006 on July 21, 2006. In particular, the Commission established a
two-phased approach addressing improvements to SOS procurement process for the
next solicitation and initiating a proceeding to review the SOS process and
consider the benefits of a portfolio management approach.
Source: District of Columbia Public Service Commission
03/06: PEPCO proposed new SOS rates. Based on a March 10th filing, beginning
with the June 2006 bills, PEPCO anticipated that residential customers would see
an annual average increase of 12 percent in their bills (about $8 per month).
Small commercial customers' bills would increase, on average, by about 10
percent. The Commission approved PEPCO's new SOS rates on March 22, 2006. The new SOS rates became effective June 1, 2006.
Source: District of Columbia Public Service Commission
01/05: The Renewable Energy Portfolio Standard Act was enacted. The Act “established a renewable energy portfolio standard (“RPS”) through which a minimum percentage of District electric providers’ supply would be derived from renewable energy sources beginning January 1, 2007, with an ultimate goal of 11% by 2022. Specified examples of renewable energy sources were: solar energy; wind; qualifying biomass; methane; geothermal; ocean; fuel cells; hydroelectric power other than pumped storage generation; and waste-to-energy.”
Source: District
of Columbia Public Service
Commission
http://www.dcpsc.org/customerchoice/whatis/electric/elec_restruc.shtm#Link1
03/04: The PSC issued Order No. 13118, which
adopted the wholesale Standard Offer Service model to govern the implementation
of SOS in the District of Columbia.
Source: District of Columbia Public Service Commission
http://www.dcpsc.org/pdf_files/commorders/orderpdf/ordno_13118.pdf
02/03: The PSC issued Order
No. 12655 to initiate a proceeding to establish a procedure for
selecting a new Standard Offer Service provider, given that PEPCO’s obligation
to serve as the District’s SOS provider was set to expire by the end of 2004. In
this order, the Commission directed all interested parties to review the list
of SOS parameters in the order and to file proposed issues and comments no
later than March 2003.
Source: District of Columbia Public Service Commission
http://www.dcpsc.org/pdf_files/commorders/orderpdf/ordno_12655.pdf
12/01: According to the Commission's latest status report, 8 electricity suppliers and 3 aggregators (brokers for large groups of customers/communities) had been certified, but only 2 suppliers, Washington Gas Energy Services and Pepco Energy Services, and 1 aggregator were providing service. As of November 2001, these companies were supplying 3.1 percent of customers, representing 43.2 percent of MW demand, and 42.7 percent of MWh energy usage. The PSC provided information on the status of retail competition on its website.
10/01: The PSC issued Order No. 12159 and Order No. 12203, which mandated PEPCO distribute the net proceeds (in excess of the asset's book value) of the sale of its assets to its customers. Order 12159 allowed the customers to receive $50.1 million, but Order 12203 stated that PEPCO should revise the rate schedule and add 9.09 percent interest and begin distribution "on October 22, 2001 or the first billing cycle after October 22, 2001." According to the PSC website, residential customers received $75.39 per household and commercial customers received 0.393 cents per kWh for the annual usage ending March 31, 2001. The total credits distributed to customers amounted to $51.85 million.
09/01: Order 12186 provided the guidelines and procedures for posting the price-to-compare information on the Commission's website. Consumers could calculate their savings on the Commission's website.
01/01: The District of Columbia began allowing customers direct access to competitive electricity suppliers on January 1, 2001. The PSC established interim shopping credits ranging from 3.68 to 5.18 cents/kWh. Pepco, the only utility in DC, recently sold its power plants; the shopping credits would be adjusted based on the sale of the power plants. The PSC also reviewed marketer licensing applications and consumer protection measures.
12/00: Order 11845 unbundled retail rates into separate categories, generation, transmission, and distribution functions. Unbundling allowed customers to compare prices among electricity suppliers, and helped the Commission to determine "shopping credits" or "price to compare."
09/00: The District of Columbia Public Service Commission issued Order No. 11796 on September 18, 2000 providing the implementation plan for retail choice. Effective January 1, 2001, all residential and commercial electricity customers in the District of Columbia would be able to choose an electricity supplier. PEPCO was scheduled to continue to provide delivery services. Order 11796 also included the licensing requirements for alternative electricity suppliers.
01/00: The DC City Council passed legislation (13-284) to allow retail competition. The PSC was also scheduled to review PEPCO’s restructuring settlement. Under that settlement, commercial and government consumers would have retail direct access and residential consumers would begin a retail access pilot by January 2001.
12/99: According to the PSC's website, Order No. 11576 authorized a 7-percent reduction in rates for residential customers and a 6.5-percent reduction in rates for commercial customers, to be implemented in three phases. The first rate reduction occurred on January 1, 2000 and reflected the elimination of the Demand-Side Management surcharge. This represented a 2-percent rate reduction for residential customers and a 3.5-percent rate reduction for commercial customers. The second rate reduction occurred on July 1, 2000, and it reflected a 1.5 percent across the board base rate reduction for both residential and commercial customers. The third rate reduction occurred on February 8, 2001. Residential ratepayers received another 3.5-percent rate reduction and commercial ratepayers received another 1.5-percent reduction. Order No. 11576 also capped rates after all of the rate reductions were implemented. The caps were effective until January 1, 2007 for low and moderate-income Residential Aid Discount customers; for all other residential and commercial customers, rates were proposed to be capped until January 1, 2005.
03/99: Potomac Electric Power Co stated that it planned to sell its power plants and purchase power contracts. PEPCO intended to become a "wires" company, concentrating on power delivery, retailing power, cable TV, and Internet services.
02/99: PEPCO filed a plan with the PSC to allow retail competition in its service territory in the District of Columbia and suburban Maryland. The plan would allow retail choice in DC by 1/01, included an estimate of stranded costs and a method for recovery, proposed unbundled rates, and a rate freeze through 1/05. PEPCO planed to sell its DC power plants to recoup stranded costs.
12/98: The PSC requested PEPCO to file a restructuring plan with stranded costs and unbundled rates studies.
08/98: A report was issued by the PSC on electric restructuring issues. The report requested a restructuring plan from PEPCO and recommended retail access be phased-in over 3 years beginning January 2001.
09/97: The PSC issued a notice of inquiry for issues to investigate on retail competition.