Tuesday, February 28, 2006

Delmarva Power To Phase In, Make For Bigger Increase

Well, sort of. Rather than just see your bills jump up 59%, Delmarva Power will start phasing in their electric hikes starting in May, and continue over the following 13 months. Their average bills will see increases of $18 starting on May 1st, then another $18 on January 1st, 2007. June 1st, 2007 will see a $34 increase on the average bill on top of all that. That'll turn out to be about an extra $20 on our bills after that, because of what they're calling "interest" on the phase in.

Is that really what we wanted? Is that really better?

Honestly, will 13 months do anything for our bank accounts other than make it FEEL like the power increase won't be as bad? It likely won't for mine. Just give it to me all at once so I know what to expect. And see my post further down the page regarding the actions of lawmakers in this whole debacle.


At 6:53 PM, Anonymous Anonymous said...

I believe I saw 64 percent mentioned as what you will pay if you opt for the "phase-in" for their ridiculous increase. You have to remember, they're "doing you a favor" by allowing you to ease into the increase. Do they really believe that we're that stupid? Actually we're not but our legislature is for rubber-stamping the deregulation to begin with in 1999. Do they STILL believe there's going to be competition in power delivery?


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