Pepco rates to rise again in June

Pepco will raise rates for its D.C. customers by about 15 percent on June 1, the second increase in five months facing the power company’s 235,000 District customers.

The increase was first announced last week in an insert mailed with April bills. The cost of standard service is expected to jump $12.75 per month for the average residential customer for “Generation Services,” Pepco’s term for the electricity it buys on the open market via auctions. Monthly bills will increase from $82.38 today to an average of $95.13, Pepco said.