If you’re a Pepco customer, you may have noticed your electricity bill creeping higher and higher since the Pandemic—and that trend is far from over. According to Pepco’s recently published supply rate schedules, prices across most residential and commercial customer classes are expected to continue climbing sharply through mid-2026, beginning this month.
But what’s driving these dramatic increases? Beyond inflation or seasonal adjustments, a major piece of the puzzle lies in surging demand for electricity—especially from large-scale AI data centers and cryptocurrency mining operations, which are rapidly reshaping the energy landscape. What’s more, exports of liquified natural gas are expected to continue to climb, putting downward pressure on domestic natural gas supply- the largest energy source of electric generation.
Let’s break down the data behind the major price hike we saw on June 1st for Pepco’s Standard Offer Service supply rates:
The Numbers: Electric Supply Rates Are Rising—A Lot
Pepco’s rate schedule outlines electricity supply charges across several rate classes and time periods. Here’s a snapshot of the sharp increases ahead:
Graph A. Shows published PEPCO supply rates from June 2024 to May 2026 for classes: MMA, R, MGT LV, GS LV, GT LV, GS LV NDAs
As shown in Chart A and Table A below, all major classes—residential, commercial, and apartment complexes—are seeing steady increases across each seasonal period. The spike from Winter 2024–25 to Winter 2025–26 is particularly steep.
Table A. Shows published PEPCO supply rates from June 2024 to May 2026 for classes: MMA, R, MGT LV, GS LV, GT LV, GS LV ND and each classes’ seasonal percentage change.
Key Insight
All displayed classes have experienced a 15–30% rate increase since June 1, 2025, compared to the previous season (Winter A 2024–25), signaling a widespread upward shift in pricing across the board.
The Numbers: Electric Supply Rates Are Rising—A Lot
As electricity supply rates surge, it’s more important than ever to have expert guidance. Honeydew Advisors helps customers take control of their energy costs in an increasingly volatile market.
Whether you’re a property owner or a property manager, Honeydew Advisors can:
Multifamily and Commercial Solutions
– Compare supplier rates and guide you to more competitive fixed electricity contracts.
– Analyze usage data to uncover hidden inefficiencies and savings opportunities.
– Support solar adoption, whether via rooftop systems or community solar enrollment.
– Recommend practical efficiency upgrades to lower your consumption long-term.
Your Energy Advocate
– We track market trends and Pepco filings so you stay ahead of the curve.
– We negotiate on your behalf and provide clarity in a complex energy market.
– We offer ongoing advisory services to help you adapt as rates continue to shift.
In this unfavorable market, Honeydew gives you the tools, insights, and support you need to make smarter energy decisions.
Final Thought: Prepare for a More Electrified—and Expensive—Future
As AI and liquified natural gas continue to scale, their impact is reshaping electricity economics. Pepco’s rising rates are a reflection of this larger transformation—and for consumers, they’re a wake-up call to become more energy-savvy and proactive.
The future is electric, but it doesn’t have to be unpredictable.
With Honeydew Advisors in your corner, you can turn rate hikes into strategic opportunities.