HomeMay 14, 2019
ComEd Files Revised Purchased Electricity Charges, Transmission Rates For Period Beginning
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Commonwealth Edison has filed an update to the new electric supply rates Purchased Electricity Charges (PECs) for the period beginning June 1, 2019, as well as the new bypassable transmission charges
The revisions to both the PECs and transmission charges are de minimis and, for residential customers, the revised new June 1, 2019 Purchased Electricity Charge (PEC) is 0.01¢/kWh lower than the previously filed June 1 charge
The latest revisions reflect the results of the PJM Financial Transmission Rights (FTR) Auctions finalized May 6, 2019. As previously reported, ComEd had already filed new PECs to reflect results from the latest April 2019 default service procurement
The ComEd Purchased Electricity Charges (PECs) are the largest portion of the Price to Compare. A separate transmission charge (PJM Services Charges, PSC) is also included in the Price to Compare. The Purchased Electricity Adjustment (PEA, reconciliation) is also bypassable but not included in the Price to Compare.
Even with the update, for residential and Watt-hour Non-Electric Space Heating customers, the new June 1 (summer) Purchased Electricity Charges (PECs) are about 13% lower than the current (non-summer) charges. Compared to the year-ago summer charges, the new residential and small commercial PECs are about 4-5% lower.
Due to an increase in the transmission charge noted below, the overall residential ComEd Price to Compare will only decrease about 7% on June 1 versus the current rate (from 7.219¢/kWh to, unofficially, 6.725¢/kWh)
The revised ComEd Purchased Electricity Charges (PECs) are below. Note that the listed non-summer PECs are indicative, and rates may be updated depending on any fall 2019 procurement event conducted by the Illinois Power Agency
ComEd Purchased Electricity Charges (¢/kWh) Summer 2019 PECs (June, July, August & September) Residential 5.610 Watt-hour Non-Electric Space Heating 5.616 Demand Non-Electric Space Heating 5.664 Nonresidential Electric Space Heating 5.371 Dusk to Dawn Lighting 2.263 General Lighting 5.365 "Indicative" Non-Summer 2019-20 PECs (October 2019 - May 2020) Residential 6.101 Watt-hour Non-Electric Space Heating 6.117 Demand Non-Electric Space Heating 6.151 Nonresidential Electric Space Heating 5.924 Dusk to Dawn Lighting 2.701 General Lighting 5.886
ComEd also filed revised bypassable transmission charges (PJM Services Charges, PSC) for the period beginning June 1, 2019
For residential and small commercial customers, the new PJM Services Charges are about 3.6 mills per kWh higher than the current charge
ComEd PJM Services Charges (¢/kWh) June 2019 - May 2020 Residential 1.115 Watt-hour Non-Electric Space Heating 1.106 Demand Non-Electric Space Heating 1.106 Nonresidential Electric Space Heating 1.106 Dusk to Dawn Lighting 1.095 General Lighting 1.095
To compare how the latest revised rates compare to the previously filed June 2019 charges, see our prior story for the previously filed (now inapplicable) charges
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