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FirstEnergy Pennsylvania Commercial Default Service Rates Increasing On March 1
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The FirstEnergy Pennsylvania utilities have filed new tariffed commercial PTCDefault rates with the PUC for the three-month period starting March 1, 2020. West Penn Power has also filed a revision to its originally filed March 1 residential PTCDefault rate, with the new rate now reflecting a decrease versus the current rate
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 6.352¢/kWh effective March 1, a 2% increase versus the current 6.200¢/kWh
At Penelec, the tariffed commercial PTCDefault rate will be 6.257¢/kWh effective March 1, a 4% increase versus the current 5.998¢/kWh
At Penn Power, the tariffed commercial PTCDefault rate will be 7.608¢/kWh effective March 1, a 4% increase versus the current 7.325¢/kWh
At West Penn Power, the tariffed commercial PTCDefault rate will be 5.849¢/kWh effective March 1, a 2% increase versus the current 5.722¢/kWh
The new commercial PTCDefault rates are to be in effect for the period March 1, 2020 through May 31, 2020
West Penn Power has also filed a revision to its originally filed March 1 residential PTCDefault rate, with the new rate now reflecting a decrease versus the current rate
West Penn Power said that the change in the March 1 residential PTCDefault rate is being revised, "due to a change in Purchase Power [sic]."
At West Penn Power, the tariffed residential PTCDefault rate will now be 5.637¢/kWh effective March 1, a 2% decrease versus the current rate of 5.760¢/kWh. Originally, West Penn Power had filed an earlier residential rate for March 1 of 6.059¢ (a 5% increase), this rate is no longer valid.
The residential PTCDefault rates for the other FirstEnergy Pennsylvania EDCs were previously posted and reported in our story here
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Previously Reported Residential West Penn Power Rate Revised, March 1 Rate Now A Decrease
February 7, 2020
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Reporting by Paul Ring • ring@energychoicematters.com
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