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HomeJanuary 15, 2021

Met-Ed, Penelec, Penn Power Residential Prices To Compare Decreasing 11-12%

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The FirstEnergy Pennsylvania utilities have filed new tariffed residential PTC-Default rates with the PUC for the three-month period starting March 1, 2021

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%. 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 residential PTC-Default rate will be $0.05418 per kWh effective March 1, a 12% decrease versus the current $0.061740 per kWh.

At Penelec, the tariffed residential PTC-Default rate will be $0.04981 per kWh effective March 1, a 12% decrease versus the current $0.05667 per kWh

At Penn Power, the tariffed residential PTC-Default rate will be $0.05721 per kWh effective March 1, an 11% decrease versus the current $0.06435 per kWh

At West Penn Power, the tariffed residential PTC-Default rate will be $0.05154 per kWh effective March 1, versus the current $0.05198 per kWh

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Met-Ed, Penelec, Penn Power Residential Prices To Compare Decreasing 11-12% | EnergyChoiceMatters.com