Pepco Begins Process to Secure Electricity at Competitive Prices for D.C. Customers

Pepco today launched a competitive bidding process to purchase electricity for District of Columbia customers, with the goal of securing reliable power at the lowest cost possible, inviting energy suppliers to compete to provide electricity to District of Columbia customers on Standard Offer Service (SOS). SOS is the power customers receive automatically from Pepco unless they choose a third-party supplier. Competitive bidding helps ensure these customers get a reliable power supply at a fair, market-based price.

As part of this process, electricity suppliers compete to offer their best prices to serve Pepco customers. This helps ensure that the cost of electricity for customers is a fair market-based price. With energy supply costs continuing to be a concern for many households and businesses, the competitive bidding process is an important part of how electricity prices are established for D.C. customers.

The RFP is required by the District of Columbia Public Service Commission, which oversees how Pepco buys electricity for customers to make sure the process is fair and open. It is the first step in a multi-phase bidding process that begins this month and ends with the posting of retail rates on or before March 1, 2027. Supply contracts will begin on June 1, 2027.

What customers need to know

• No action is needed. Customers who currently receive their electricity supply through Pepco will continue to do so.
• Energy supply prices are not determined by Pepco. Energy suppliers submit bids to provide electricity, helping establish the price.
• New prices take effect next summer. Customers will have information about updated electricity supply rates before they take effect in June 2027.

More information about the RFP and the pre-bid conference is available at pepco.com/DCRFP, where interested suppliers can also submit an expression of interest form.

To learn more about Pepco, visit The Source, our online newsroom. Find additional information by visiting pepco.com, on Facebook at facebook.com/PepcoConnect and on X at X.com/PepcoConnect. Pepco's mobile app is available at pepco.com/MobileApp.