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

• FirstEnergy unit Potomac Edison proposed a Maryland rate adjustment of $52.8 million to fund grid upgrades, modernization, reliability projects.
• Average residential monthly bill would rise about 5.3% if regulators approve the filing.
• Potomac Edison projected its residential rates would remain Maryland’s lowest among investor-owned utilities; rates were 25% below peers as of June 1.
• Plan targets aging infrastructure, automation, underground cable replacement, tree trimming to reduce outages, speed restoration during severe weather.
• Maryland Public Service Commission review required before any increase takes effect.

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