FirstEnergy Pennsylvania Default Service Rates To Fall Up To 23%

The FirstEnergy Pennsylvania utilities have filed new tariffed residential PTC_Default rates with the PUC for the three-month period starting March 1, 2017

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), which is currently 0%.

At Met-Ed, the tariffed residential PTC_Default rate will be 6.964¢/kWh effective March 1, a 5% decrease from the current 7.351¢/kWh

At Penelec, the tariffed residential PTC_Default rate will be 6.047¢/kWh effective March 1, a 15% decrease from the current 7.121¢/kWh

At West Penn Power, the tariffed residential PTC_Default rate will be 5.975¢/kWh effective March 1, a 9% decrease versus the current 6.574¢/kWh

At Penn Power, the tariffed residential PTC_Default rate will be 5.884¢/kWh effective March 1, a 23% decrease versus the current 7.727¢/kWh

Official Prices to Compare have not yet been posted

In their tariff filings, the FirstEnergy EDCs only sought approval to update the residential PTC_Default rates as well as the hourly reconciliation charge for hourly-priced default service.

However, the tariff filings apparently contained revised commercial PTC_Default rates for the period beginning March 1, though they were not marked as being a change and which the FirstEnergy EDCs did not state they were seeking to change in the explanatory letter. It was unclear if because a preceding, separate (and still pending) tariff filing, not yet available on the PUC's site, already addressed these proposed changes to the commercial PTC_Default rates, but in the last update to the PTC_Default rates (for December 1), the EDCs did file separate tariff supplements for both residential and commercial rates, with the commercial tariff supplements filed about a week later

For reference, EnergyChoiceMatters.com links to the tariff filings made by the FirstEnergy EDCs on January 13, which contained the apparently revised commercial PTC_Default rates, but will not excerpt them here and cautions that the listed rates may not represent final commercial rates for the period beginning March 1.

Met-Ed

Penelec

West Penn Power

Penn Power