Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
Exclusive to OpEdNews:
OpEdNews Op Eds

Delmarva Power -- Yet another example of shoddy service & unjustified rate rises

By       Message Ted Newcomen       (Page 1 of 2 pages)     Permalink    (# of views)   1 comment

Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) , Add Tags  (less...)
Add to My Group(s)

View Ratings | Rate It

Author 36058
Become a Fan
  (6 fans)
- Advertisement -

(Article changed on June 25, 2013 at 08:59)

Delmarva Power - Posterchild for corporate welfare
(Image by Delmarva Power)
  Permission   Details   DMCA

Poorly performing utility company Delmarva Power has made another application to the Maryland Public Service Commission to raise its distribution charges yet again.

- Advertisement -

Public comments and submissions are currently being invited from consumers in a series of forums to be held across the state. Customers will have an opportunity to tell regulators about the second-rate service & unjustifiably high charges which subsidizes the corporate greed which nickel & dimes consumers trapped in a captive market.

Comparing electricity bills from 2007 with those of today reveals an outrageous track record of price gouging   :-


- Advertisement -

* The Customer Charges have almost doubled -- up over 96%

* The Distribution Charges have been raised by nearly 14%

* The Administrative Credit, which actually gives money back to the consumer, has been reduced by over 64%

* Overall charges for distribution have gone up by over 40%


Consumers are dismayed at distribution rate rises of this magnitude. No small businesses in Maryland or Delaware have been able to increase their prices by this amount and few (if any) salaried workers have seen a raise of 6.7% over the entire period - never mind such an average increase each and every year for the past six years.

- Advertisement -

In addition, Delmarva's customers have long been forced to put up with a lamentably unreliable & inconstant power supply service which compares unfavorably with some Third World countries.

And as if that isn't galling enough there is now also an Em Power MD Charge which was non-existent in 2007. This was introduced by the State Government to pay for initiatives to reduce energy demand via the introduction of energy efficiency & conservation programs. Despite the help provided by the tailwinds of an economic slump & generally milder winters, Delmarva Power is failing to meet either the government's or its own (anaemic - 30% less demanding) targets. The report "Falling behind in energy efficiency' revealed that Delmarva was the worst performing utility company in the state, set to miss its target for energy efficiency by a whopping 68%, plus a further 59% shortfall in the target for peak demand reduction. Failure to meet these goals means fewer jobs created, increased threats to viability/stability of the entire system, and poorer health & environmental outcomes.

Electricity consumers are now being asked to fork out yet more money for another round of increased delivery charges. Disgruntled customers are asking why the power company Chief Executive, Joseph M.Rigby isn't taking a cut in his excessive $11 million annual salary & compensation package? And why shareholders are still receiving an unrealistically high dividend every quarter - year after year after year?

All this luxurious corporate welfare has been underwritten by constant rate rises imposed on captive consumers despite the fact that the value of the faltering parent company, Pepco Holdings Inc, has actually dropped by a third, from over $30 a share six years ago, to about $20 a share today.

Next Page  1  |  2


- Advertisement -

View Ratings | Rate It

Ted Newcomen is a citizen-journalist - someone who is tired of the lazy 'lamestream' media circus which is obsessed with the cult of celebrity and just recycles press releases for the establishment.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles