Report: Gov. O'Malley To Ask To Allow Electric Companies To Charge For System Upgrades

5:30 AM, Oct 3, 2012   |    comments
Gov. Martin O'Malley (Getty Images)
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WASHINGTON (WUSA) -- A price hike may be coming to your electric bill, but it's not the power companies who want it. We are told it is the governor of Maryland asking for the increase.

The Washington Post reports Governor Martin O'Malley will ask state regulators on Wednesday to allow electric companies to charge customers in advance for system upgrades.

The governor tells the Post it will cost you one or two dollars. He says in exchange, utilities like Pepco and BGE will have to meet a higher standard of reliability.

The governor says the move would allow utilities to perform several years of upgrades in just the next two months.

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