ATLANTIC CITY ELECTRIC ASKING FOR 7 PERCENT RATE HIKE

Your electric bills may be going up.  Atlantic City Electric announced today that it is making a request before the New Jersey Board of Public Utilities that would result in your electric bills increasing by seven percent.  The utility argues that it has made nearly $70 million worth of investments to infrastructure and plans to make an additional $700 million dollars in improvements over the next five years.  The average electric bill would increase more than $12 a month if the rate request is approved.