Residential Default Service Rates to Fall Again at FirstEnergy Utilities (Commercial Rates to Increase)

The FirstEnergy Pennsylvania electric distribution companies have filed new tariffed PTC_Default rates with the PUC for the three-month period starting December 1, and the residential rates will again decrease at most of the EDCs, while commercial rates will increase

The PTC_Default rates are the all-in default service rates without the application of the State Tax Adjustment Surcharge (essentially, the PTC prior to application of the STAS).

At Met-Ed, the tariffed residential PTC_Default rate will be 7.007¢/kWh effective December 1, 5% lower than the current 7.362¢/kWh.

At Penelec, the tariffed residential PTC_Default rate will be 6.370¢/kWh effective December 1, 10% lower than the current 7.053¢/kWh.

At West Penn Power, the tariffed residential PTC_Default rate will be 6.313¢/kWh effective December 1, slightly higher than the current 6.254¢/kWh.

At Penn Power, the tariffed residential PTC_Default rate will be 5.419¢/kWh effective December 1, 14% lower than the current 6.328¢/kWh.

At Met-Ed, the tariffed commercial PTC_Default rate will be 7.767¢/kWh effective December 1, versus the current 6.715¢/kWh.

At Penelec, the tariffed commercial PTC_Default rate will be 7.576¢/kWh effective December 1, versus the current 7.414¢/kWh.

At West Penn Power, the tariffed commercial PTC_Default rate will be 7.947¢/kWh effective December 1, versus the current 6.016¢/kWh.

At Penn Power, the tariffed commercial PTC_Default rate will be 7.433¢/kWh effective December 1, versus the current 7.277¢/kWh.