PUC Alerts Consumers of June 1 Price Changes for Electric Generation
Earlier this month, the Pennsylvania Public Utility Commission (PUC) sent a notice informing PA residents that their electric utility company was planning to raise rates on June 1, 2022.
As that date approaches, Pennsylvania residents should be aware that they could see their electric bills increase anywhere from six to forty-five percent starting next month.
Beginning June 1, electric distribution companies report the following changes in their PTCs for residential customers:
Citizens’ Electric, up from 7.3995 cents to 9.3667 cents per kWh (26.6%);
Met-Ed, up from 6.832 cents to 7.936 cents per kWh (16.1%);
Penelec, up from 6.232 cents to 8.443 cents per kWh (35.4%);
Penn Power, up from 7.082 cents to 8.694 cents per kWh (22.7%);
PPL, up from 8.941 cents to 12.366 cents per kWh (38.3%);
Wellsboro Electric, up from 7.7569 cents to 9.592 cents per kWh (23.7%);
West Penn Power, up from 5.667 cents to 8.198 cents per kWh (44.6%);
*Note: Energy price changes for several utilities, including Duquesne Light, PECO and Pike County Light & Power, are still being calculated but are expected to rise.
Final prices for those utilities will be available later in May.
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