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Pepco seeks to raise Maryland rates

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Pepco wants to raise electric bills for its Maryland customers by about $7 a month, as well as tack on a surcharge to pay for improvements to its electric grid. Pepco expects the $60.8 million rate increase to add $7.13 -- 4.98 percent -- to the typical resident's monthly bill beginning in July 2013. The surcharge, meanwhile, would be another 96 cents per month -- 0.64 percent --...