Potomac Edison seeks USD 52.8 million Maryland rate hike to fund grid reliability upgrades

4. Sep 2026

Description

(AWP Alliance News) - FirstEnergy unit Potomac Edison proposed a Maryland rate adjustment of USD 52.8 million to fund grid upgrades aimed at improving electric system reliability. The plan would lift the average residential monthly bill by about 5.3%.

Potomac Edison said its residential rates would still be the lowest among Maryland's investor-owned utilities, citing rates 25% below the in-state peer average as of June 1. The filing is subject to review by the Maryland Public Service Commission before any increase takes effect.

https://www.prnewswire.com/news-releases/potomac-edison-proposes-rate-a…

Disclaimer: This news brief was created using generative artificial intelligence. FirstEnergy Corporation published the original content used to generate this news brief via PR Newswire on September 04, 2026, and is solely responsible for the information contained therein.