‘I think we’re being lied to’: Delaware Gov. Meyer offers fierce criticism as Delmarva Power plows ahead with utility rate increases

Delaware Gov. Matt Meyer criticized the Public Service Commission (PSC) for its handling of Delmarva Power's rate increase, which was capped at 50% under Senate Bill 326. Commissioner Regina Iorii and the PSC's attorney disputed whether the commission had authority to revise or deny interim rate requests, leading to an oral order that limited the increase to $34.3 million. Meyer argued the PSC has legal power to reject the rate hike, but most commissioners sided with Iorii's interpretation.