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<title>Council President Roger Berliner On Pepco Proposed Rate Hike: “No Way. No How”</title>
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<p align="center" style="mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:-.3in;margin-bottom:.0001pt;text-align:center">
<strong><span style="font-size:20.0pt;font-family:"Tahoma",sans-serif;color:black">Council President Roger Berliner
</span></strong><o:p></o:p></p>
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<strong><span style="font-size:20.0pt;font-family:"Tahoma",sans-serif;color:black">On Pepco Proposed Rate Hike:
</span></strong><o:p></o:p></p>
<p align="center" style="mso-margin-top-alt:0in;margin-right:.5in;margin-bottom:0in;margin-left:-.3in;margin-bottom:.0001pt;text-align:center">
<strong><span style="font-size:20.0pt;font-family:"Tahoma",sans-serif;color:black">“No Way. No How”</span></strong><o:p></o:p></p>
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<span style="font-size:16.0pt;font-family:"Tahoma",sans-serif;color:black">Maryland’s Public Service Commission to hold
</span><o:p></o:p></p>
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<span style="font-size:16.0pt;font-family:"Tahoma",sans-serif;color:black">public hearing on rate increase request
</span><o:p></o:p></p>
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<span style="font-size:16.0pt;font-family:"Tahoma",sans-serif;color:black">Wednesday at Council Office Building in Rockville</span><o:p></o:p></p>
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<span style="font-family:"Times New Roman",serif;color:black"> </span><o:p></o:p></p>
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<span style="color:black">ROCKVILLE, Md., August 29, 2017</span>—<span style="color:black">Montgomery County Council President Roger Berliner on Wednesday will submit testimony to the state’s Public Service Commission (PSC) opposing the latest $68 million rate
increase request by Pepco. According to Berliner, Pepco's request to increase rates by $7 a month is "not justified. No way. No how."</span><o:p></o:p></p>
<p style="mso-margin-top-alt:0in;margin-right:.8in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify">
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<span style="color:black">Berliner, who also serves as Chair of the Council’s Transportation, Infrastructure, Energy & Environment Committee, argues that Pepco is requesting a rate of return that is too high, is seeking permission to recover costs of system
improvements that have not yet been made, and "most importantly", failed to meet its 2016 reliability commitments that the company agreed to as a condition of approval of its merger with Exelon.</span><o:p></o:p></p>
<p style="mso-margin-top-alt:0in;margin-right:.8in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify">
<o:p></o:p></p>
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<span style="color:black">“A deal is a deal. Pepco did not do what it pledged to do and what the PSC ordered it to do. It should face financial consequences for failing to honor its commitment,” Berliner said. “Instead, the company has requested extraordinary
rate treatment, rate treatment contrary to fundamental ratemaking principles. Pepco is not entitled to extraordinary treatment. Far from it.”</span><o:p></o:p></p>
<p style="mso-margin-top-alt:0in;margin-right:.8in;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:justify">
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<span style="color:black">The PSC is expected to rule on Pepco’s rate hike request this fall. On Wednesday, at 6:30 p.m. in the Third Floor Hearing Room of the Montgomery County Council Office Building, the PSC will hold a public hearing on the rate increase
request. The Montgomery County Council Office Building is located at 100 Maryland Avenue in Rockville.</span><o:p></o:p></p>
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<span style="color:black">Berliner’s complete testimony can be viewed at: </span>
<strong><span style="font-size:9.5pt;font-family:"Verdana",sans-serif;color:black"><a href="https://na01.safelinks.protection.outlook.com/?url=http%3A%2F%2Flinks.govdelivery.com%3A80%2Ftrack%3Ftype%3Dclick%26enid%3DZWFzPTEmbXNpZD0mYXVpZD0mbWFpbGluZ2lkPTIwMTcwODI5Ljc3NDcwNzIxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE3MDgyOS43NzQ3MDcyMSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE2ODQzNzQ4JmVtYWlsaWQ9eWFzbWluLnJleWF6dWRkaW5AbW9udGdvbWVyeWNvdW50eW1kLmdvdiZ1c2VyaWQ9eWFzbWluLnJleWF6dWRkaW5AbW9udGdvbWVyeWNvdW50eW1kLmdvdiZ0YXJnZXRpZD0mZmw9Jm12aWQ9JmV4dHJhPSYmJg%3D%3D%26%26%26100%26%26%26http%3A%2F%2Ftinyurl.com%2Fyan2c8ox&data=01%7C01%7Cyasmin.reyazuddin%40montgomerycountymd.gov%7Cf81e94eb45a244a9289b08d4ef01b650%7C6e01b1f9b1e54073ac97778069a0ad64%7C1&sdata=kx53sBJiZA12lpG6rdI3P9FYcdaExdj9sY15Pzv%2BDmY%3D&reserved=0">http://tinyurl.com/yan2c8ox</a></span></strong><o:p></o:p></p>
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<span style="font-family:"Times New Roman",serif;color:black"># # #</span><o:p></o:p></p>
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Sonya Healy<br>
240-777-7926, Sonya.Healy@montgomerycountymd.gov</span><o:p></o:p></p>
<p><strong><span style="font-size:10.0pt">Additional Contact:</span></strong><span style="font-size:10.0pt;font-family:"Times New Roman",serif"><br>
Delphine Harriston<br>
240-777-7931, Delphine.Harriston@montgomerycountymd.gov<br>
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