Potomac Electric: Win Some, Lose Some

Fortnightly Magazine - October 1 1995
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Recharge the Economy with Renewable Energy Tax Credits
The District of Columbia Public Service Commission (PSC)

has allowed Potomac Electric Power Co. rate recovery of costs associated with the development of electric vehicles for fleet use under alternate-fuel vehicle requirements imposed under the Energy Policy Act of 1992. The PSC rejected a request by the Greater Washington Petroleum Committee, an oil industry trade group, to deny funding because electric vehicle technology had not evolved to a point that promotes consumer acceptance of a competitively priced vehicle. The trade group argued that the utility had failed to show that it had examined lower-cost alternatives, such as vehicles that use other nonpetroleum fuels like natural gas alcohol or liquified petroleum gases.

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