PPL Sees Continued Increase in Growth Rate of Residential Shopping

For the third consecutive week, PPL Electric Utilities has seen the number of residential customers on competitive supply increase, and the growth rate of residential migration has also increased in each of those three weeks.

Link to 5/30/12 Weekly Migration Report

Matters has also developed a comparison of the migration levels from the 5/23/12 Report to the 5/30/12 Report.

Link to Matters' Comparison of Weekly Migration

From May 20 to May 26, PPL saw the number of residential customers on competitive supply increase by 347 accounts, its third consecutive week of increased residential migration. In the immediately prior week, PPL had seen residential shopping increase by 209 accounts, and in the week before that, the residential shopping growth had been 105 accounts.

From May 23 to May 29 (including the non-business day holiday), PECO saw the number of residential customers on competitive supply grow by 1,300 accounts, versus the week-ago growth of 2,100 accounts.

At Met-Ed, the weekly growth in the number of residential customers on competitive supply for the most recent week was about 1,700 accounts, versus the growth of 1,500 accounts in the immediately prior week

At Penelec, the weekly growth in the number of residential customers on competitive supply for the most recent week was 600 accounts, versus the growth of 850 accounts in the immediately prior week.

At West Penn Power, the weekly growth in the number of residential customers on competitive supply for the most recent week was 450 accounts, versus the growth of 700 accounts in the immediately prior week.

The most recent week for migration reporting purposes at all three FirstEnergy EDCs noted above was May 24 to May 30, and thus included the holiday.

From May 20 to May 26, Duquesne Light saw the number of residential customers on competitive supply increase by 830 accounts, versus the week-ago growth of 1,100 accounts.

Residential migration to competitive supply as a percent of accounts was as follows as of the most recent week:

Duquesne Light: 37.8%

Met-Ed: 21.5%

PECO: 26.0%

Penelec: 24.1%

Penn Power: 26.0%

Pike County: 68.0%

PPL: 40.0%

UGI: 0.0%

West Penn Power: 18.9%