What are the current PSC proceedings where electric revenue decoupling is being examined?
On September 18, 2009, Docket No. 09-414, Delmarva Power & Light filed with the Commission an application seeking an increase in its electric base rates and for miscellaneous changes. On September 9, 2009, the Delaware Public Service Commission opened Docket No. 09-276T to examine the adoption of a modified fixed/variable rate design, a form of revenue decoupling, for Delmarva Power’s electric business. Since the issue of the appropriate revenue decoupling mechanism would be addressed in both dockets, the Commission consolidated Docket No. 09-276T into Docket No. 09-414. The Commission began investigating whether to implement a revenue decoupling mechanism for the electric and natural gas distribution utilities subject to its jurisdiction in Regulation Docket No. 59 dated March 20, 2007 (Order No. 7153).
