Delaware and Maryland regulators approved Delmarva Power & Light Co.'s request to decrease the rates of Standard Offer Service, or SOS, effective June 1.
Delmarva Power Delaware SOS residential customers' total annual bill will see supply rates decrease 4.5%. For an average Delaware residential customer using 966 kWh per month, the new SOS rates will decrease to $129.32 from $135.43 per month.
The annual electricity bill for Delmarva Power Maryland SOS residential customers is reducing 6.6%. The new Maryland SOS rates for a typical residential customer using 1,000 kWh monthly will see an overall decrease in their monthly bill to $138.55 from $148.38.
Separately, the New Jersey Board of Public Utilities authorized Atlantic City Electric Co. to decrease basic generation service, or BGS, supply rates and adjust pass-through distribution charges, effective June 1.
Atlantic City Electric's BGS customers using 716 kWh per month will see a monthly decrease of 5.3%, to $129.69 from $136.90. With the decreased distribution pass-through charges, an average residential customer using 716 kWh will see a decrease of $2.56 in their monthly bill, according to a June 2 release.
The bill decrease will benefit all of the utility's residential customers regardless if they are using BGS program or registered with a third-party supplier.
Atlantic City Electric and Delmarva Power & Light are subsidiaries of Exelon Corp.