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Protesters in the District are registering their displeasure today over proposed Pepco rate hikes.
A group called Our DC will hold a funeral in front of the Public Service Commission's headquarters near Metro Center. No one has died, but protesters want the commission to bury Pepco's proposal to hike rates by $42.5 million.
Pepco argues it needs the money to upgrade its electricity delivery infrastructure, but protesters point out that the utility company has earned $1.2 billion in profits and enjoyed $500 million in tax breaks since 2008. The company should use that money for needed upgrades, argue protesters.
Our DC also says that Pepco has been ranked among the worst utility companies in the nation over the past few years and does not deserve a pay raise.
Today's hearing will be the last public forum before the commission votes on the hike. Protesters plan to stage a "funeral procession" from McPherson Square to the PSC's offices at 1333 H Street NW. Protesters will demonstrate outside and also attend the hearing.