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Turnaround? Five Pennsylvania Utilities Now Seeing Weekly Residential Shopping Growth
Five Pennsylvania electric utilities saw an increase in the number of residential customers on competitive supply, and a sixth barely lost any residential shoppers, according to the most recent weekly stats from the PUC
However, this turnaround in the Pennsylvania retail market may be short-lived, as well-above-market default service rates at the four FirstEnergy EDCs will decrease significantly on September 1. Indeed, the growth at those utilities which saw residential shopping growth was marginally lower than the week-ago growth for most utilities.
Specifically, from about August 21 to August 27 (reporting date varies slightly by utility), PECO, Met-Ed, Penelec, Penn Power and West Penn Power all saw increases in residential shopping. Furthermore, Duquesne Light saw residential shopping decline by only 16 accounts.
From about August 21 to August 27, Pennsylvania saw an aggregate increase of 1,300 residential customers on competitive supply, up from growth of 1,000 accounts in the immediately prior week.
Specifically, from about August 21 to August 27 (reporting date varies slightly by utility) the weekly change in the number of residential customers on competitive supply was:
For comparison, from about August 14 to August 20 (reporting date varies slightly by utility) the weekly change in the number of residential customers on competitive supply was:
ADVERTISEMENT Copyright 2010-
August 29, 2014
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Copyright 2010-14 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Duquesne Light (16)
Met-Ed 493
PECO 911
Penelec 245
Penn Power 60
PPL (499)
West Penn Power 87
Duquesne Light (398)
Met-Ed 542
PECO 970
Penelec 304
Penn Power 44
PPL (224)
West Penn Power (253)
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