Pepco and Delmarva file for electricity rate increases

Pepco — whose service territory includes much of Montgomery and Prince George’s counties, as well as Washington, D.C. — has a BBB+ rating, as does Delmarva, which serves Delaware and most of Maryland’s Eastern Shore, Kamerick said.

Pepco Holdings has a BBB rating, and Kamerick said company executives “have had some pretty tough conversations” with ratings agencies.

Pepco is seeking a 4 percent rate increase, which it said will raise the average residential customer’s monthly bill by $5.56.

Delmarva is seeking a 5.6 percent increase, which the company said will raise the average residential customer’s monthly bill by $7.29.