Residential Rates to Remain Lowest Among Maryland's Investor-Owned Regulated Electric Utilities
WILLIAMSPORT, Md., March 23, 2023 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE:FE), has requested a review of its base electric rates by the Maryland Public Service Commission (PSC). The proposed $44 million rate adjustment builds upon the strong service reliability enhancements made in recent years by adding additional energy grid equipment upgrades and providing ongoing tree trimming, inspections of lines, poles and substations and maintenance for newly installed equipment that enhances and modernizes the electric system.
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