BUILDING THE FUTURE PITTSBURGH REGION
Duquesne Light Company (DLC) is helping to build the future of Pittsburgh. As the region continues to evolve and people’s energy needs change, DLC sought a regulatory review of its distribution rates with the Pennsylvania Public Utility Commission (PUC) to enable the company to continue making critical infrastructure investments to maintain a level of reliable service that customers have come to expect. The regulatory rate review will help DLC to build a smarter, more resilient electricity delivery system, including poles, wires, transformers and other equipment that make up the energy grid.
The PUC approved a settlement petition to increase distribution rates beginning December 29, 2018. This additional revenue will enable DLC to continue to invest in distribution infrastructure and deploy technology needed to effectively deliver reliable, safe and affordable service as well as support continued growth in southwestern Pennsylvania.
As part of the settlement, the Company will refund $24 million in federal tax savings to customers related to the reduction in the federal tax rate that occurred in December 2017. A typical residential customer will receive a one-time bill credit of about $25 in January 2019.