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Maryland regulators deny bulk of Pepco rate increase

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Customers will have to pay average of $2.02 more on bills Maryland utility regulators rejected nearly 75 percent of Pepco's requested $68 million rate increase, but Maryland residents still will pay an average $2.02 more on their monthly bills immediately. The $18.1 million increase covers the money Pepco has spent and the "known and measurable" amounts it will spend to provide reliable...

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