Some Utility Prices To Compare In Pennsylvania Increasing 150% -- EnergyChoiceMatters.com

Some Utility Prices To Compare In Pennsylvania Increasing 150%

November 15, 2023

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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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The Pennsylvania PUC alerted consumers to updates to the prices to compare at EDCs and NGDCs effective December 1, with residential PTCs at the People Gas LDCs increasing by 150%

The PUC listed residential electricity PTCs as follows as of Dec. 1:

Residential:
• Citizens’ Electric, estimated decrease from 13.333 cents to 10.964 cents per kWh (-18%);
• Duquesne Light, estimated decrease from 11.45 cents to 10.46 cents per kWh (-8.6%);
• Met-Ed, increase from 10.24 cents to 11.306 cents per kWh (10.4%);
• PECO, estimated decrease from 9.672 cents to 8.919 cents per kWh (-7.8%); *** note: PUC using "estimate" given the still pending TSC rate change; see updated PTC in our recent story
• Penelec, increase from 9.703 cents to 10.607 cents per kWh (9.3%);
• Penn Power, increase from 10.556 cents to 11.231 cents per kWh (6.4%);
• Pike Co. Light & Power, increase from 7.3005 cents to 8.67 cents per kWh (18.8%);
• PPL, decrease from 12.126 cents to 11.028 cents per kWh (-9%);
• UGI Electric, decrease from 12.128 cents to 10.26 cents per kWh (-15.4%);
• Wellsboro Electric, decrease from 12.393 cents to 9.206 cents per kWh (-25.7%); and
• West Penn Power, increase from 9.929 cents to 10.001 cents per kWh (1%).

Regarding small C&I electric customers, the PUC said, "Among the state’s major EDCs, price changes in default service rates for small businesses will vary – ranging from PTC increases in the FirstEnergy service territories (Met-Ed, Penelec, Penn Power and West Penn Power) between 1% to 10% to an anticipated decrease of nearly 9% for small business customers in the Duquesne Light service territory."

The PUC listed NGDC PTCs as follows for residential customers, effective Dec. 1:

Residential:
Columbia Gas of PA, decrease from $0.46849 to $0.2881 per therm (-38.5%);
National Fuel Gas, increase from $0.30959 to $0.3674 per Ccf (18.6%);
Peoples Natural Gas Co., increase from $1.2337 to $3.08 per Mcf (149%);
Peoples Gas Co. LLC, increase from $1.2337 to $3.08 per Mcf (149%);
Valley Energy, decrease from $0.94342 to $0.33758 per Ccf (-64.2%).
Note: Changes in the prices to compare for PECO, Philadelphia Gas Works and UGI Utilities are anticipated on December 1. Adjusted prices for those utilities will be available soon.

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