Delmarva Power will be upping its customers’ electric bills by $10.40 a month or a 7 percent increase.
The hike was approved by the Maryland Public Service Commission.
The increase is effective February 15th.
The Salisbury Daily Times reports that Delmarva Power says it needed the money to help pay for $330 million it laid out for upgrades it carried out from 2012 to 2015.
The power company had sought $66 million from the commission last year but wound up with $38 million from the hike this year.