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HomeOctober 16, 2018

FirstEnergy Pennsylvania Utilities' Default Service Rates To Increase 10%-16%

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The FirstEnergy Pennsylvania utilities have filed new tariffed residential PTCDefault rates with the PUC for the three-month period starting December 1, 2018

The PTCDefault 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 PTCDefault rate will be 6.684¢/kWh effective December 1, a 10% increase versus the current 6.068¢/kWh

At Penelec, the tariffed residential PTCDefault rate will be 6.288¢/kWh effective December 1, a 5% increase versus the current 5.968¢/kWh

At Penn Power, the tariffed residential PTCDefault rate will be 7.714¢/kWh effective December 1, a 16% increase versus the current 6.626¢/kWh

At West Penn Power, the tariffed residential PTCDefault rate will be 6.354¢/kWh effective December 1, a nearly 14% increase versus the current 5.595¢/kWh

Updated small commercial rates were not immediately available

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FirstEnergy Pennsylvania Utilities' Default Service Rates To Increase 10%-16% | EnergyChoiceMatters.com