On January 30, 2026, Pepco filed its updated BSA surcharge to be billed effective March 1, 2026. This will be a line item on the Pepco bill listed as BSA I. This charge is to collect or refund each rate class based on the DC PSC approved class revenue requirement in the last Pepco rate case (i.e., Formal Case No. 1176) and actual revenue collected for the period of January 1, – December 31, 2025.
For example, the MGTLV class authorized revenue was $203,988,277.70 and the billed revenue was $207,333,245.57. That over-collected revenue of $3,344,967.57 will be credited to MGTLV accounts in 2026.
| 2025 Approved Revenue MGTLV | $204.0 M |
| Total Revenue Collected | $207.3 M |
| Revenue Adjustment Credit | ($3.3 M) |
Additionally, the legacy BSA charges/refunds from prior balances as of December 31, 2024, also from Pepco Formal Case No. 1176, are to be collected/refunded through BSA II. These legacy balances are calculated and will be collected through the BSA II charge on your bill. This impacts mostly the GTLV rate class.
The GTLV rate class had a large under-billed revenue total at the end of 2024 and this balance will be collected through the BSA II charge. For the GTLV rate class, below is the calculation. There is an annual cap of 10% of revenues to be collected through the BSA which limits the annual BSA collections.
| Balance on 12/31/2024 | $57.2 M |
| Collected BSA II Revenue | $16.6 M |
| Balance | $40.6 M |
| Forecasted Revenue Collected (Mar26-Feb27) | $14.7 M |
| Remaining Deferred Balance | $25.9 M |
The result of these collections are the line item charges shown below. The “net” BSA charge is shown in the last column which combined the two BSA I and II line items and shows a comparison to what was billed in 2025 for BSA and what will be billed in 2026.
