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Final New ComEd Price To Compare Available

May 20, 2024

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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com

Commonwealth Edison has filed tariff sheets reflecting newly updated components for the electricity price to compare, effective June 1

As is standard practice, ComEd had filed indicative new components to the PTC in mid-April, based on the most recent default service procurement. However, the latest, updated components now reflect the impact of the PJM Financial Transmission Rights (FTR) Auctions finalized on April 30, 2024 as well as the updated Transmission Formula Rate Annual Revenue Requirement filed on April 24, 2024 at FERC

Generally, the latest and final components of the PTC newly filed by ComEd are marginally higher than the indicative rates filed in mid-April

For residential customers, ComEd's PTC will be 6.900 cents per kWh for the period June 1, 2024 to September 30, 2024, versus the current 6.848 cents per kWh

Although an official PTC is not calculated for non-residential customers, the PTC (PEC plus PSC) for Watt-hour Non-Electric Space Heating will be 6.935 cents per kWh for the period June 1, 2024 to September 30, 2024, versus the current 6.894 cents per kWh

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