PECO, Philadelphia's primary electric utility, has filed for a very large rate increase of $246 million, which will be approximately 10% for the average residential customer. PECO states that the rate increase is necessary ...Read more
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
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
Peco, citing the need for “significant” upgrades to the local electric grid and for pandemic-related customer relief, on Tuesday filed a request seeking a $246 million electric rate increase that...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
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
Pennsylvania's Public Utility Commission rejected a proposal to give 113,000 PECO households a one-time $50 dollar credit on their bills. This request was submitted by PECO to the PUC, who deadlocked on the decision and ended up rejecting it. This proposal would have also directed $1.5 million...Read more
A new program, titled the Small Business Gas Grant Program, has been unveiled by PECO and offers up to $500 to small businesses towards their gas bill. According to PECO, the grants are on a first come, first serve basis and any company under 25 employees can apply. According to the...Read more