HomeJuly 17, 2014
FirstEnergy Utilities Drive Return to Residential Shopping Growth in Pennsylvania
Copyright 2014 EnergyChoiceMatters.com.
After a holiday-impacted week saw Pennsylvania slip back to a statewide loss in residential electric shopping customers, the FirstEnergy utilities are now again driving statewide growth in residential electric shopping, according to the latest stats from the Pennsylvania PUC.
From about July 10 to July 16 (reporting date varies slightly by utility), Pennsylvania saw the total number of residential accounts on competitive supply increase by over 1,600, reversing the net loss of 1,500 residential shoppers experienced in the immediately prior week.
It remains to be seen whether the FirstEnergy EDCs can sustain this weekly level of residential migration growth, given that their September 1 Prices to Compare will be about 20-25% lower than the current PTCs (click here for story).
Specifically, from about July 10 to July 16 (reporting date varies slightly by utility) the weekly change in the number of residential customers on competitive supply was:
Duquesne Light (164) Met-Ed 1,123 PECO (218) Penelec 494 Penn Power 103 PPL (334) West Penn Power 630
For comparison, from about July 3 to July 9 (reporting date varies slightly by utility) the weekly change in the number of residential customers on competitive supply was:
Duquesne Light (289) Met-Ed 532 PECO (1,162) Penelec (61) Penn Power 14 PPL (717) West Penn Power 238
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