PECO Releases Electric Price to Compare Information for

PECO has released expected electric Prices to Compare for the period starting January 1, 2011, reflecting results from all of the wholesale full requirements procurements as well as Alternative Energy Portfolio Standards compliance costs. Similar to PPL Electric last year, the prices may be subject to minimal adjustment to reflect appropriate tax rates prior January 1.

PECO said that the Price to Compare for the residential (Rate R) class is 9.92¢/kWh.

For rate RH residential customers (electric heat), PECO’s supply price is 9.74¢ for the first 600 kWh, and 5.35¢ thereafter.

The Price to Compare for the small commercial (100 kW and lower) class is 9.47¢/kWh.

The Price to Compare for the medium commercial (101 kW to 500 kW) class is 9.37¢/kWh.

The price for the optional, one-year fixed price for large industrial customers (> 500 kW) is 9.59¢/kWh. Large customers must affirmatively elect the fixed priced option, and are defaulted to hourly service.

The Prices to Compare are subject to quarterly modifications, starting April 1, due to reconciliation of generation costs and revenues, but most of the base generation supplies on which the costs are based will last for at least 12 months (with some spot purchases).

PECO also reported specific results from its fall procurement yesterday. It also posted generation rate impacts based solely on all the wholesale procurements to date, but these rate impacts do not include renewable compliance costs unlike the Price to Compare data listed above.