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Nov 08, 2011
Pepco on Taxes: Don’t Blame Us, Blame The Government
Remember last week, when the Washington Post reported that Pepco had received several million dollars more in federal tax credits over the past few years than it had paid in taxes?
In order to comply with proposed regulations requiring it to reduce the frequency and length of outages, Pepco wants to raise rates inside the District. But the much-maligned utility is experiencing some pushback from the city’s Office of the People’s Counsel, which has filed a motion with the District’s Public Service Commission to dismiss the utility’s request to raise rates.