DELAWARE- Governor Matt Meyer has signed a series of energy-related bills into law.
From
To
The settlement does not resolve an ongoing debate over rate design, which remains under review in a separate Public Service Commission proceeding.
The debate over rising energy costs continues, as Delaware lawmakers push forward with efforts to rein in utility expenses. Three bills aimed at limiting rate hikes and increasing transparency cleared a key committee Wednesday, but Delmarva Power argues the measures could hurt infrastructure improvements.
Delaware Democrats claim Delmarva Power's proposed increase—if approved—would raise ratepayers' bills by 23% while boosting the company’s shareholder returns by 10%.