Residential Migration Slides at Potomac Edison

Breaking 28 consecutive months of positive residential account migration growth, Potomac Edison recorded a net loss in migrated residential accounts in the month of August, compared to the July total.

Link to PSC August Data

Link to PSC Archived Data

Link to Matters' comparison of select statistics (compares total accounts migrated as well as percent of accounts migrated in Aug. 2011 vs. July 2011).

From the end of July to end of August, Potomac Edison, a FirstEnergy company, saw a net loss of 201 migrated residential accounts. That compares to net growth of 83 migrated residential accounts from the end of June to end of July, and average monthly growth in excess of 600 accounts for the first seven months of 2011.

The decline in residential migration ended 28 consecutive months of month-over-month residential migration growth at Potomac Edison, dating back to April 2009. During that time, monthly residential migration growth had been as high as 2,220 accounts in certain months.

Elsewhere, BGE Type I migration grew by 265 accounts during August (from the end of July), up from growth of 44 accounts during July, and reversing the net loss of 4,700 migrated Type I accounts seen in June. The growth of 265 migrated Type I accounts during August also approached the BGE monthly Type I migration growth of 300-500 accounts seen in early 2011.

Residential migration growth continues to be strong at BGE and Pepco, though at a slower pace that the growth seen in July.

From July to August, BGE recorded net residential migration growth of 6,000 accounts, down from 8,250 in each of the past two months.

At Pepco, residential migration growth from July to August was 1,800 accounts, in line with the growth seen for much of 2011, but down from growth of 4,400 in July and 3,300 in June.

Residential migration as a percent of accounts as of August 2011 was:

BGE: 22.1%

Delmarva: 9.9%

Pepco: 18.0%

Potomac Edison: 7.4%