On March 30, PECO
submitted a rate increase request to the PUC which would provide with PECO approximately $246 million per year, a boost of roughly 7 percent. If the entire increase is approved, PECO estimates the average residential customer, using 700 kilowatts per hour, would see their...Read more
This article describes Exelon's new plan to split its power generation operations from it's six utility companies; PECO is one of the six utilities. The utilities themselves are responsible for managing "the wires and networks to deliver power generated by competitive companies." The...Read more
This article was interesting in that it provided a somewhat technical report on how prepared PJM is for the summer weather. PJM is the largest electricity grid in the U.S., providing service in thirteen states, include PA. It's also the transmission operator for PECO in Philadelphia -- and I...Read more
This opinion piece highlights the region's, and PECO's, lack of longterm sustainability plan. The authors also note that PECO's five-year plan for electricity purchase doubles down on old fossil-fuel models that continue to harm public health and exacerbate structural racism. Neighboring states...Read more
PECO received $270 million in federal and state funding through the Emergency Rental Assistance Program, money that can be used to help people who can't pay their bills due to the COVID-19 pandemic. Only a limited number of customers have enrolled, and to date only $500,000 of that money...Read more
On March 23rd, 2020, PECO released this press release. In it, they acknowledged that Governor Tom Wolf's order for all non-essential businesses to close will result in more people staying home. They stated that they will be working "with customers who have had their service disconnected to...Read more
PA regulators have approved PECO’s plan to implement time-of-use rates for its customers, including both residential and commercial consumers. The hope is that some will shift electricity use to off-peak hours, during which rates of use will be discounted. The system has three price tiers...Read more
This document is PECO's notice for their proposed rate increase, which assumably was sent to their customers/posted on their website. Read more