Potomac Edison Proposes Rate Adjustment to Support Electric System Reliability
Potomac Edison, a subsidiary of FirstEnergy Corp., has proposed a Maryland rate adjustment to support continued investment in the electric system, including upgrades to aging infrastructure, grid modernization, and reliability-strengthening projects. The company said residential electric rates would remain the lowest among Maryland investor-owned utilities.
Why it matters — This indicates FirstEnergy's subsidiary is pursuing regulated investment in grid reliability, which could support its infrastructure plans while keeping its residential rates competitive in Maryland.