On the 21st of March, OurDC marched on PEPCO's 9th st headquarters
and payment center. Simultanious actions were scheduled at three other
PEPCO payment centers, including Rockville and SE DC. The main message
of the march was "PIG" meaning "Pepco Is Greedy."
Demands of the protest were a 50% rate cut, a moratorium on electricity
cutoffs, that PEPCO pay their taxes instead of evading them, and that
PEPCO stop lobbying to block pro-consumer legislation and appointments
to regulatory agencies,
Pepco was called out for spending more lobbying than on taxes after a
profit in 2010 of $624 million dollars. PEPCO topped one study's chart
for paying the highest negative tax rate at 57% (taxes - subsidies) of
any corporation in the DC area ladt year. Just their CEO was paid $6M in
compensation, now PEPCO wants a $42M rate hike?
OneDC is furious with this, and last time they went to
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