To: Brian Malloy who wrote (17853 ) 6/7/1998 4:17:00 PM From: Brian Malloy Respond to
About a month ago after attending testimony on the hill related to Y2K and Utilities I gave my impressions in a few posts. In particular PEPCO was mentioned. While PEPCO has done a lot of work on the IT side of Y2K they had not done much on the Embedded Chip side of the problem. It is my belief that in part this article signals that PEPCO is completing the assesment of its embedded chip problem and entering the remediation phase. I'm 99% sure that TAVA/BECK is involved in this effort. However, we may or may not see anything announced as the Utilites in general seem to rather mum on this matter and thus may have contractors sign non-disclosure agreements.Pepco Seeks to Hike Md. Electric Rates By Martha M. Hamilton Potomac Electric Power Co. asked Maryland regulators yesterday for a rate increase that would fall most heavily on residential customers, adding approximately $6 to the typical customer's monthly electric bill. The company said the rate increase was needed, in part, to cover scheduled increases in the costs of buying power from other companies. The additional money also would be used to help pay for a voluntary severance program this year and the expense of modifying the power company's systems and operations to handle computer problems associated with the so-called millennium bug, which, if not fixed by the year 2000, will cause havoc with computers. washingtonpost.com
