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Met-Ed, Penelec, Penn Power Residential Prices To Compare Increasing 15-24%
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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, 2019
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%. The utilities have not yet posted new official PTCs; the tariff filings with the new rates have not yet been approved by the PUC as of publication time
At Met-Ed, the tariffed residential PTCDefault rate will be 6.510¢/kWh effective December 1, a 15% increase versus the current 5.667¢/kWh
At Penelec, the tariffed residential PTCDefault rate will be 6.445¢/kWh effective December 1, a 24% increase versus the current 5.198¢/kWh
At Penn Power, the tariffed residential PTCDefault rate will be 7.572 ¢/kWh effective December 1, a 22% increase versus the current 6.231¢/kWh
At West Penn Power, the tariffed residential PTCDefault rate will be 5.760¢/kWh effective December 1, an 8% increase versus the current 5.338¢/kWh
The new residential PTCDefault rates are to be in effect for the period December 1, 2019 through February 29, 2020
Commercial PTCDefault rates were not immediately available
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October 18, 2019
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Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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