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Most Commercial Prices To Compare At FirstEnergy Pennsylvania EDCs Decreasing 14-20%

January 31, 2022

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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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The FirstEnergy Pennsylvania utilities have filed new tariffed commercial PTC-Default rates with the PUC for the three-month period starting March 1, 2022

The PTC-Default 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 commercial PTC-Default rate will decrease 14% to $0.07482 per kWh effective March 1, versus the current $0.08707 per kWh

At Penelec, the tariffed commercial PTC-Default rate will decrease 7% to $0.08031 per kWh effective March 1, versus the current $0.08636 per kWh

At Penn Power, the tariffed commercial PTC-Default rate will decrease 20% to $0.08034 per kWh effective March 1, versus the current $0.10065 per kWh

At West Penn Power, the tariffed commercial PTC-Default rate will decrease 14% to $0.06542 per kWh effective March 1, versus the current $0.07609 per kWh

All of the new PTC-Default rates for the FirstEnergy Pennsylvania EDCs are to be in effect for the period March 1, 2022 through May 31, 2022

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