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FirstEnergy Pennsylvania Default Service Rates To Fall Up To 23%
The FirstEnergy Pennsylvania utilities have filed new tariffed residential PTCDefault rates with the PUC for the three-month period starting March 1, 2017
The PTCDefault rates are the all-in default service rates without the application of the State Tax Adjustment Surcharge (essentially, the PTC prior to application of the STAS), which is currently 0%.
At Met-Ed, the tariffed residential PTCDefault rate will be 6.964¢/kWh effective March 1, a 5% decrease from the current 7.351¢/kWh
At Penelec, the tariffed residential PTCDefault rate will be 6.047¢/kWh effective March 1, a 15% decrease from the current 7.121¢/kWh
At West Penn Power, the tariffed residential PTCDefault rate will be 5.975¢/kWh effective March 1, a 9% decrease versus the current 6.574¢/kWh
At Penn Power, the tariffed residential PTCDefault rate will be 5.884¢/kWh effective March 1, a 23% decrease versus the current 7.727¢/kWh
Official Prices to Compare have not yet been posted
In their tariff filings, the FirstEnergy EDCs only sought approval to update the residential PTCDefault rates as well as the hourly reconciliation charge for hourly-priced default service.
However, the tariff filings apparently contained revised commercial PTCDefault rates for the period beginning March 1, though they were not marked as being a change and which the FirstEnergy EDCs did not state they were seeking to change in the explanatory letter. It was unclear if because a preceding, separate (and still pending) tariff filing, not yet available on the PUC's site, already addressed these proposed changes to the commercial PTCDefault rates, but in the last update to the PTCDefault rates (for December 1), the EDCs did file separate tariff supplements for both residential and commercial rates, with the commercial tariff supplements filed about a week later
For reference, EnergyChoiceMatters.com links to the tariff filings made by the FirstEnergy EDCs on January 13, which contained the apparently revised commercial PTCDefault rates, but will not excerpt them here and cautions that the listed rates may not represent final commercial rates for the period beginning March 1.
Met-Ed
Penelec
West Penn Power
Penn Power
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January 18, 2017
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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