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Met-Ed, Penelec, Penn Power Commercial Prices To Compare Increasing About 15%
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The FirstEnergy Pennsylvania utilities have filed new tariffed commercial PTCDefault rates with the PUC for the three-month period starting December 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%. The utilities have not yet posted new official 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 commercial PTCDefault rate will be 6.200¢/kWh effective December 1, a 17% increase versus the current 5.295¢/kWh
At Penelec, the tariffed commercial PTCDefault rate will be 5.998¢/kWh effective December 1, a 16% increase versus the current 5.163¢/kWh
At Penn Power, the tariffed commercial PTCDefault rate will be 7.325¢/kWh effective December 1, a 14% increase versus the current 6.427¢/kWh
At West Penn Power, the tariffed commercial PTCDefault rate will be 5.722¢/kWh effective December 1, versus the current 5.720¢
The new commercial PTCDefault rates are to be in effect for the period December 1, 2019 through February 29, 2020
Residential PTCDefault rates were previously posted and reported in our story here
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November 6, 2019
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Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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