Washington Gas said it’s offering a range of flexible payment options for federal workers.
The base rate increase, if approved, would be $22.9 million in new revenue, or approximately an additional $2.10 a month on a typical residential customer’s bill.
Washington Gas parent company WGL Holdings will officially be owned by a Canadian company as of July 6 after the company and its acquirer agreed to final terms of their merger as spelled out by D.C. regulators.
Canadian utility AltaGas has cleared the final regulatory hurdle for its $6.4 billion acquisition of Washington Gas parent company WGL Holdings for $4.6 billion.
The utility said it is the first base rate increase request in five years. If approved, it would increase the average Maryland natural gas customer’s bill by 7 percent.
Washington Gas parent company WGL Holdings is one step closer to being acquired by a Canadian utility, with approval from the Maryland Public Service Commission, which has laid out requirements for the utilities to get its approval.
The sweeping federal tax bill signed into law late last year has meant a significant tax savings not only for Pepco, but also for other area utilities.
The average BGE residential electric customer will receive an estimated $2.91 decrease on his monthly bill.
Washington Gas wants to pass on savings from the Tax Cuts and Jobs Act of 2017 to its 1.1 million customers in the region.
A return to colder winter temperatures in the D.C. area could mean some will need to budget for higher gas bills.
Under a deal with a Washington Gas subsidiary, the Verizon Center aims to operate using 25 percent solar power.
Shareholders of Washington Gas’ parent company overwhelmingly approved a merger with Canadian utility AltaGas Ltd. on Wednesday.
“Our new home will improve the work environment for employees, accommodate future growth and be part of an exciting neighborhood,” said Terry McCallister, chairman and CEO of WGL Holdings, Inc. and Washington Gas.
Canadian energy company AltaGas Ltd has agreed to acquire Washington Gas parent company WGL Holdings in a deal worth about $6.4 billion.
The parent company of Washington Gas, WGL Holdings, is in preliminary talks to be acquired by Spain’s Iberdrola.
The three-part series "The making of Marion Barry" looks at how the future mayor got his start in the civil rights movement, how he became a power player in the city and his enduring legacy.