However, the DCPSC has not approved the funding mechanism for the APRP, and in subsequent orders it will put in place the same types of programme structures such as cost recovery and consumer protections that have been statutorily enacted in Maryland and Virginia.
Also, prior to receiving final approval the company must submit additional information on the implementation of its APRP within 30 days of the order and the DCPSC will thereafter place the remainder of the proceeding on a fast track.
As approved by the DCPSC
, a regulatory asset has been established to assure recovery of, and a return on, AMI costs between rate cases.
2008, Pepco filed proposals with the DCPSC and the MPSC to share with customers the remaining balance of the proceeds from the Mirant bankruptcy settlement.
A decision is expected from the DCPSC in early 2010.
2008, Pepco filed proposals with the DCPSC
and the Maryland Public Service Commission (MPSC) to share with customers the remaining balance of the proceeds from the Mirant bankruptcy settlement.
The portion of these funds that Pepco ultimately retains will be based on customer sharing arrangements with respect to the funds to be approved by the MPSC and the DCPSC
supported the concept of a Bill Stabilization Adjustment mechanism, which decouples revenues from kilowatt-hour sales, and will issue a subsequent order opening a Phase II proceeding to address potential statutory issues concerning the DCPSC
's ability to implement such a mechanism.