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Most FirstEnergy Pennsylvania Prices To Compare To Fall On September 1, Met-Ed Residential Rate Increasing

July 16, 2019

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Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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The FirstEnergy Pennsylvania utilities have filed new tariffed residential and commercial PTCDefault rates with the PUC for the three-month period starting September 1, 2019

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%. PA Power Switch is listing the PTCDefault rates listed below as the actual Price to Compare for the period beginning June 1. The utilities have not yet posted PTCs; the tariff filings with the new rates have not yet been approved by the PUC as of publication time

At Met-Ed, the tariffed residential PTCDefault rate will be 5.667¢/kWh effective September 1, a 2% increase versus the current 5.540¢/kWh

At Penelec, the tariffed residential PTCDefault rate will be 5.198¢/kWh effective September 1, an 8% decrease versus the current 5.668¢/kWh

At Penn Power, the tariffed residential PTCDefault rate will be 6.231¢/kWh effective September 1, a marginal decrease versus the current 6.256¢/kWh

At West Penn Power, the tariffed residential PTCDefault rate will be 5.338¢/kWh effective September 1, a 3% decrease versus the current 5.517¢/kWh

At Met-Ed, the tariffed commercial PTCDefault rate will be 5.295¢/kWh effective September 1, a 1% decrease versus the current 5.352¢/kWh

At Penelec, the tariffed commercial PTCDefault rate will be 5.163¢/kWh effective September 1, a 5% decrease from the current 5.465¢/kWh

At Penn Power, the commercial PTCDefault rate will be 6.427¢/kWh effective September 1, a nearly 8% decrease versus the current 6.949¢/kWh

At West Penn Power, the commercial PTCDefault rate will be 5.720¢/kWh effective September 1, a 3% increase versus the current 5.535¢/kWh

The new PTCs are to be in effect for the period September 1, 2019 to November 30, 2019

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