3:16 PM Eastern - Thursday, January 26, 2012

More than 200 join sit-in at PEPCO headquarters in DC #default

Following up on the December K Street demonstration and Take Back the Capitol protests, more than 200 District of Columbia residents joined a sit-in at PEPCO headquarters today and demanded a meeting with the utility company's CEO Joe Rigby.

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The protesters, faced with poor service from the "Worst in the Nation" utility, were fueled by PEPCO's recent $42.5 million rate hike request and its executives' obscene compensation. CEO Rigby received a $105,000 salary increase this year, on top of earning $8.8 million annually between 2008 and 2010.

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OurDC activists demanded the utility rescind its rate hike request, cut top executives' pay in half, pay its fair share in federal and state income taxes, and pledge to dedicate the utility's $817 million tax refund to infrastructure improvement and job creation.

Future protests are already in the works leading up to PEPCO's upcoming appearance at the Washington Public Service Commission evidentiary hearing on January 30, where the utility giant will attempt to defend its recent unwarranted rake hike request.

Watch video from today's PEPCO action here.

Don't miss our coverage of all the corporate tax dodgers are being protested across the country this week at http://seiu.me/janactions. More photos on Flickr here.

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