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Updated, 2/7 The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
Update, 2/7/20:
West Penn Power has filed a revision to its originally filed March 1 residential PTCDefault rate that was sited below, with the new rate now reflecting a decrease versus the current rate
See this story for the new revised rate (click here)
The FirstEnergy Pennsylvania utilities have filed new tariffed residential PTCDefault rates with the PUC for the three-month period starting March 1, 2020
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 residential PTCDefault rate will be 5.390¢/kWh effective March 1, a 17% decline versus the current 6.510¢/kWh
At Penelec, the tariffed residential PTCDefault rate will be 5.404¢/kWh effective March 1, a 16% decline versus the current 6.445¢/kWh
At Penn Power, the tariffed residential PTCDefault rate will be 6.267¢.kWh effective March 1, a 17% decline versus the current 7.572¢/kWh
At West Penn Power, the tariffed residential PTCDefault rate will be 6.059¢/kWh effective March 1, a 5% increase versus the current 5.760¢/kWh
The new residential PTCDefault rates are to be in effect for the period March 1, 2020 through May 31, 2020
Commercial PTCDefault rates were not immediately available
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West Penn Power Residential Default Service Rate Increasing 5%
Default Service Rates Falling 17% At Other FirstEnergy-PA EDCs
January 17, 2020
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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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