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Default Service & Pricing

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PUC Approves Default Service Settlement Under Which Utility Will Initiate Collaborative To Discuss "Enhancements" To SOS Procurements

Utility Will Educate Default Service Customers About Rate Increases Due To PJM Capacity Price Spikes

The PUC of Ohio has approved without modification a settlement among several major parties in Duke Energy Ohio's electric security plan proceeding, under which Duke will implement limited changes in the default service auctions in order to reduce risk premiums

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Utility Reports Large Under-Recovery In Default Service Costs Is Due To Utility Errors In Load Reporting (Under-recovered Costs Had Sparked Nonbypassable Reconciliation Proposals)

About $6.5 million in under-recovered default service costs for the large customer class at Public Service Company of New Hampshire (Eversource or the "Company"), the growth of which helped jump start consideration of changes to default service reconciliations, including making such reconciliations…

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Pa PUC Chair Encourages Exploration Of "Any And All Options" To Protect Consumers From Rising Energy Prices

PUC Approves New Utility Time Of Use Generation Rate Option For Non-Shopping Customers

As the Pennsylvania PUC approved without modification a generally available new Time of Use generation rate offering from Duquesne Light, Pennsylvania PUC Chair Stephen DeFrank stated, "I think we should explore any and all options to help customers protect themselves from rising energy prices."

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