Pepco’s CEO is doing quite well for himself, if you’re wondering.

An increase in taxicab fares that would see riders pay $2.16 per mile instead of the current rate of $1.50 per mile could take effect as soon as the end of this month, reports the Examiner.

Metro’s Board of Directors agreed yesterday to set dates for public hearings on a slate of fare hikes that could see the cost of just entering the system at peak hours rise from $1.95 to $2.10 and the maximum cost for a trip jump from $5.00 to $5.75.

Should taxicab fare increase help fund service improvements, or should improvements be a condition of eventual increases? That’s what the D.C. Taxicab Commission will start debating tomorrow.