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FirstEnergy Pennsylvania Residential Default Service Rates Decreasing 8-12%; Commercial Rates Decreasing 10-16%

April 22, 2024

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Copyright 2010-24 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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FirstEnergy Pennsylvania has filed new tariffed residential and commercial PTCDefault rates with the Pennsylvania PUC for the six-month period starting June 1, 2024

Residential Rates

At Met-Ed, the tariffed residential PTCDefault rate will be $0.10404 per kWh effective June 1, 2024, an 8% decrease versus the current $0.11306 per kWh

At Penelec, the tariffed residential PTCDefault rate will be $0.09744 per kWh effective June 1, 2024, an 8% decrease versus the current $0.10607 per kWh

At Penn Power, the tariffed residential PTCDefault rate will be $0.10389 per kWh effective June 1, 2024, a nearly 8% decrease versus the current $0.11231 per kWh

At West Penn Power, the tariffed residential PTCDefault rate will be $0.08787 per kWh effective June 1, 2024, a 12% decrease versus the current $0.10001 per per kWh

Commercial Rates

At Met-Ed, the tariffed commercial PTCDefault rate will be $0.10594 per kWh effective June 1, 2024, an 11% decrease versus the current $0.11872 per kWh

At Penelec, the tariffed commercial PTCDefault rate will be $0.10238 per kWh effective June 1, 2024, a 12% decrease versus the current $0.11603 per kWh

At Penn Power, the tariffed commercial PTCDefault rate will be $0.11796 per kWh effective June 1, 2024, a 10% decrease versus the current $0.13109 per kWh

At West Penn Power, the tariffed commercial PTCDefault rate will be $0.09193 per kWh effective June 1, 2024, a 16% decrease versus the current $0.11023 per kWh

All of the new PTCDefault rates described above are to be in effect for the six-month period June 1, 2024 through November 30, 2024

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