Potomac Electric Power Company's Semi-Annual Report on the DDOT Fund

Strategic Insights -

Pepco has filed the semi-annual report on the balance of the DDOT Fund, as required by Order No. 20285. The report details the payments made to and from the fund since its inception, including withdrawals by the District Department of Transportation. As of April 30, 2025, Pepco has deposited $187.5 million into the fund. The report also provides a detailed list of withdrawals by the District Department of Transportation from the DDOT Fund and Capital Improvement funding.

Key Takeaways:

  • Pepco has deposited $187.5 million into the DDOT Fund as of April 30, 2025, with $2.5 million per month for 48 months and $2.8125 million per month for 24 months.
  • The report includes a detailed list of withdrawals by the District Department of Transportation from the DDOT Fund and Capital Improvement funding.
  • The withdrawals must comply with D.C. Code SS 34-1313.03a(c) as per Paragraph 219 of Order No. 20285.
  • The report includes a confidential attachment, the details of which are only accessible to parties who have executed a confidentiality agreement with the commission.
  • Pepco has sent the semi-annual report to the recipients listed in the certificate of service on May 15, 2025.

Statistics:

  • $187.5 million - amount deposited by Pepco into the DDOT Fund as of April 30, 2025.
  • $2.5 million - amount deposited per month for 48 months.
  • $2.8125 million - amount deposited per month for 24 months.
  • 45 days - frequency of semi-annual reports as per Paragraph 219 of Order No. 20285.

Sources:

  • Pepco, "Semi-annual Report on the Balance of the DDOT Fund"
  • D.C. Code SS 34-1313.03a(c)
  • Order No. 20285 (Jan. 24, 2020)
  • Rule 150.2