Initial Filing Date: 1/14/2022
Summary: Res: 18.72%, Res Space Heating: 16.65%, GG/GVFT: 3.68%, GL: 14.68%, MVG/MVFT: 4.64%, LVG/LVFT: 19.77%, LVG-QFCP: 3.04%
Effective Date: 11/1/2022
On 10/12/2022, The Public Service Commission of the State of Delaware approved an increase of $13.4 million to Delmarva Power’s revenue requirement, the stipulated rates and rate structure, an ROE of 9.6%, and the non-revenue requirement changes to Delmarva’s tariff and internal practices as just and reasonable, effective with service on or after November 1, 2022. The changes to their rates will increase costs for residential customers by more than 48 percent.