WS Investor
20 Dec 2025, 22:12
Delmarva Power Adjusts Natural Gas Delivery Rates to Fund System Modernization in Northern Delaware
Delmarva Power announced that it is adjusting natural gas delivery rates in Northern Delaware to support critical infrastructure investments aimed at improving safety, reliability, and customer experience. The rate change follows an approved settlement reached after stakeholder review and community input, balancing affordability with the need for long-term system upgrades.
The company said ongoing modernization efforts, including pipeline replacement and upgrades at its Wilmington liquefied natural gas facility, have already delivered measurable benefits. In 2024, natural gas leaks declined by 22 percent compared with the prior three-year average, while service interruptions fell nearly 48 percent versus 2023. The LNG facility upgrades are expected to save customers an estimated $1.85 million annually in natural gas supply costs.
Under the approved settlement, delivery rates for a typical residential customer using 56 CCF per month will rise by $2, or about 3 percent, starting January 1, 2026. This follows an interim increase implemented in April 2025 as part of the same rate review. Delmarva Power emphasized that it is expanding assistance programs, budget billing options, and community outreach to help customers manage higher energy costs.
Delmarva Power announced that it is adjusting natural gas delivery rates in Northern Delaware to support critical infrastructure investments aimed at improving safety, reliability, and customer experience. The rate change follows an approved settlement reached after stakeholder review and community input, balancing affordability with the need for long-term system upgrades.
The company said ongoing modernization efforts, including pipeline replacement and upgrades at its Wilmington liquefied natural gas facility, have already delivered measurable benefits. In 2024, natural gas leaks declined by 22 percent compared with the prior three-year average, while service interruptions fell nearly 48 percent versus 2023. The LNG facility upgrades are expected to save customers an estimated $1.85 million annually in natural gas supply costs.
Under the approved settlement, delivery rates for a typical residential customer using 56 CCF per month will rise by $2, or about 3 percent, starting January 1, 2026. This follows an interim increase implemented in April 2025 as part of the same rate review. Delmarva Power emphasized that it is expanding assistance programs, budget billing options, and community outreach to help customers manage higher energy costs.