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FirstEnergy Pennsylvania Utilities' Default Service Rates To Increase 10%-16%
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The FirstEnergy Pennsylvania utilities have filed new tariffed residential PTCDefault rates with the PUC for the three-month period starting December 1, 2018
The PTCDefault rates are the all-in default service rates without the application of the State Tax Adjustment Surcharge (essentially, the PTC prior to application of the STAS), which is currently 0%.
At Met-Ed, the tariffed residential PTCDefault rate will be 6.684¢/kWh effective December 1, a 10% increase versus the current 6.068¢/kWh
At Penelec, the tariffed residential PTCDefault rate will be 6.288¢/kWh effective December 1, a 5% increase versus the current 5.968¢/kWh
At Penn Power, the tariffed residential PTCDefault rate will be 7.714¢/kWh effective December 1, a 16% increase versus the current 6.626¢/kWh
At West Penn Power, the tariffed residential PTCDefault rate will be 6.354¢/kWh effective December 1, a nearly 14% increase versus the current 5.595¢/kWh
Updated small commercial rates were not immediately available
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October 16, 2018
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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