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PECO Releases Electric Price to Compare Information for January 1, 2011 Email This
Story October 15, 2010
PECO has released expected electric Prices to Compare for the
period starting January 1, 2011, reflecting results from all of the wholesale full
requirements procurements as well as Alternative Energy Portfolio Standards compliance
costs. Similar to PPL Electric last year, the prices may be subject to minimal adjustment
to reflect appropriate tax rates prior January 1.
PECO said that the Price to Compare for the residential (Rate R) class is 9.92¢/kWh.
For rate RH residential customers (electric heat), PECO’s supply price is 9.74¢ for
the first 600 kWh, and 5.35¢ thereafter.
The Price to Compare for the small commercial (100 kW and lower) class is 9.47¢/kWh.
The Price to Compare for the medium commercial (101 kW to 500 kW) class is 9.37¢/kWh.
The price for the optional, one-year fixed price for large industrial customers (>
500 kW) is 9.59¢/kWh. Large customers must affirmatively elect the fixed priced
option, and are defaulted to hourly service.
The Prices to Compare are subject to quarterly modifications, starting April 1, due
to reconciliation of generation costs and revenues, but most of the base generation
supplies on which the costs are based will last for at least 12 months (with some
PECO also reported specific results from its fall procurement yesterday. It also
posted generation rate impacts based solely on all the wholesale procurements to
date, but these rate impacts do not include renewable compliance costs unlike the
Price to Compare data listed above.