UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
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FORM 8-K |
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CURRENT REPORT |
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Pursuant to Section 13 or 15(d) of |
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Date of Report (Date of earliest event reported): May 19, 2006 |
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POTOMAC ELECTRIC POWER COMPANY |
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District of Columbia and Virginia of incorporation) |
001-01072 (Commission File Number) |
53-0127880 (IRS Employer Identification No.) |
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701 Ninth Street, N.W., Washington, DC (Address of principal executive offices) |
20068 (Zip Code) |
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Registrant"s telephone number, including area code (202) 872-3526 |
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Not Applicable (Former name or former address, if changed since last report.) |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Potomac Electric Power Company |
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Item 8.01 |
Other Events. |
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Maryland Customer Electricity Cost Increase Deferral |
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As previously disclosed, the Maryland Public Service Commission ("MPSC") approved a settlement agreement on April 21, 2006, among Potomac Electric Power Company ("Pepco"), the staff of the MPSC, and the Maryland Office of People's Counsel. The settlement agreement provides for a rate mitigation program for Pepco's residential customers to address recent significant increases in electricity costs. |
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Through May 17, 2006, approximately 1% of Pepco's residential customers have elected to participate in the deferral program. |
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SIGNATURES |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. |
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POTOMAC ELECTRIC POWER COMPANY |
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Date May 19, 2006 |
/s/ JOSEPH M. RIGBY |
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