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Potomac Electric Power Unveils $15 Million Electric Vehicle Program for DC Customers

The Potomac Electric Power Company proposed a transportation electrification program consisting of 13 offerings estimated to cost about $15.2 million, with projected ratepayer costs of about $9.9 million after accounting for participant contributions, revenues from public chargers, and funds from the ”MEDSIS” initiative that aims to modernize the energy delivery system, according to an Oct. 5 notice from the District of Columbia Public Service Commission. The program, which supports the district’s goal of becoming carbon neutral by 2050, provides several business models and allows for different levels of cost sharing between ratepayers, electric vehicle owners, and charging station owners. The company plans to seek cost recovery in its next rate case and estimates a residential bill impact of 14 cents per month. Potomac Electric Power is a subsidiary of Pepco Holdings LLC.

October 5, 2018
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