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HomeNovember 19, 2020

Most FirstEnergy Pennsylvania EDCs' Commercial Default Service Rates Increasing About 10%

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The FirstEnergy Pennsylvania utilities have filed new tariffed commercial PTCDefault rates with the PUC for the three-month period starting December 1, 2020

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%. The utilities have not yet posted new official PTCs; the tariff filings with the new rates have not yet been approved by the PUC as of publication time

At Met-Ed, the tariffed commercial PTCDefault rate will increase nearly 12% to $0.05821 per kWh effective December 1, versus the current $0.05220 per kWh

At Penelec, the tariffed commercial PTCDefault rate will increase 12% to $0.05633 per kWh effective December 1, versus the current $0.05012 per kWh

At Penn Power, the tariffed commercial PTCDefault rate will be $0.06616 per kWh effective December 1, versus the current $0.06762

At West Penn Power, the tariffed commercial PTCDefault rate will increase nearly 9% to $0.05703 per kWh effective December 1, versus the current $0.05244 per kWh

All of the new PTCDefault rates for the FirstEnergy Pennsylvania EDCs are to be in effect for the period December 1, 2020 through February 28, 2021.

The FirstEnergy Pennsylvania EDCs previously filed new residential PTCDefault rates, see the rates here

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Most FirstEnergy Pennsylvania EDCs' Commercial Default Service Rates Increasing About 10% | EnergyChoiceMatters.com