“Pepco will abandon its proposed forecast-based rate increase after the Maryland General Assembly passed key energy legislation.”

• Pepco confirmed it withdrew its proposed rate increase request in response to the passage of the Utility RELIEF Act, which temporarily suspends forecast-based rate increases.
• This action aligns with the legislative outcome described in the claim.

Pepco confirmed it withdrew its proposed rate increase request in response to the passage of the Utility RELIEF Act, which temporarily suspends forecast-based rate increases. This action aligns with the legislative outcome described in the claim.