Potomac Electric Power Co late fee

District of Columbia, Maryland · Investor Owned

Potomac Electric Power Co charges 1.5% for a residential electric bill paid late.

Percentage fee: 1.5% of the past-due balance
Can disconnect: Yes, for non-payment
Percentile: Higher than 14% of US utilities that charge a percentage fee
Residential customers: 771,361

Late fees versus bad debt, 2024

Late-fee revenue: $10,156,619 (FERC account 450, Forfeited Discounts)
Written off: $38,099,464 (FERC account 904, Uncollectible Accounts)
Ratio: 0.27x

Source: US Federal Energy Regulatory Commission, FERC Form 1, accounts 450 and 904 (18 CFR Part 101), retrieved via the Public Utility Data Liberation project. Municipal utilities and most cooperatives do not file Form 1, so no ratio is available for them.

Disconnections in 2024

Disconnections: 28,234 for non-payment
Rate: 3.24 per 100 residential customers
Final notices: 318,980
Reconnections: 20,448

Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.

1.5%/mo on remaining unpaid (Pepco MD/DC)

Source: https://www.pepco.com/MyAccount/MyService/Pages/FeesandPayment.aspx

All District of Columbia utility late fees or the full database.