trending Market Intelligence /marketintelligence/en/news-insights/trending/ZwpraI6TzEKiivI0iJd7Ag2 content esgSubNav
In This List

DC commission approves lower standard offer service rates for District customers

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


DC commission approves lower standard offer service rates for District customers

The District of Columbia Public Service Commission March 8 announced that beginning June 1, the cost of electricity supply will decrease for District of Columbia customers who purchase electricity through a default provider, called Standard Offer Service, or SOS.

SOS is the default electricity service for customers who opted not to purchase electricity from a licensed competitive electric provider. The Potomac Electric Power Co., an Exelon Corp. subsidiary, provides SOS service to District customers. But the utility purchases generation for SOS customers through power supply contracts in an annual auction.

The commission approved the results of the latest auction, held in December 2017 and January 2018, on March 7. As a result, starting June 1, the District's residential customers will see an average SOS rate decrease of 5.3%, while small commercial customers will see their rates go down an average of 4.3%. The SOS rate for residential customers consuming 644 kWh per month will be approximately $2.74 lower once the new rates go into effect. For small commercial customers consuming 1,763 kWh per month, the monthly SOS rate will decrease by about $5.59.