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DELMARVA POWER PROPOSES TO INCREASE THE PRICE OF NATURAL GAS

 WILMINGTON, Del., March 15 /PRNewswire/ -- Delmarva Power & Light Company (NYSE: DEW) has asked the Delaware Public Service Commission to increase the price of natural gas for its 90,000 customers in New Castle County beginning April 1.
 The increases for typical residential space heating customers range from about 3 percent to 4 percent depending on usage and season of the year. The effect on the residential space heating customers using 2,400 cubic feet during the spring and summer months would be an increase of 54 cents per month from $18.53 to $19.07.
 Delmarva Power requested the increase because natural gas costs since November have been higher than forecasted when prices were last set and those higher costs are projected to continue. Delmarva Power seeks to recover these costs through the Gas Cost Adjustment factor (GCA). Delmarva Power does not make a profit from the GCA. Rather, this factor reflects the changing price of natural gas.
 /delval/
 -0- 3/15/93
 /CONTACT: Wallace C. Judd Jr., manager of media relations of Delmarva Power, 302-429-3595/
 (DEW)


CO: Delmarva Power & Light Company; Delaware Public Service Commission ST: Delaware IN: UTI SU:

MK-LJ -- PH008 -- 6101 03/15/93 14:17 EST
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Publication:PR Newswire
Date:Mar 15, 1993
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