The Federal Energy Regulatory Commission (FERC) is conducting an investigation to determine if Potomac Electric Power Company's proposed depreciation rates are unfair or illegal. This was initiated on December 30, 2020, under Docket No. EL21-28-000, and the refund effective date will be the day this notice is published in the Federal Register. Interested parties must file for intervention with FERC within 21 days of the order's issuance, and submissions are encouraged to be electronic due to COVID-19 related restrictions. For assistance, FERC can be contacted online or via phone.
Simple Explanation
The people in charge of watching over electricity companies are checking if one company is being fair with how it plans to charge for things losing value over time. They want others to say what they think about this, so they need to tell the people in charge by email or mail, but not being able to visit in person might be tricky for some.