PECO

PECO Seeks Rate Increase Of 9 Percent For Average Household

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 unveils Small Business Gas Grant Program

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

Region’s electric grid operator is ready to meet summer demand

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

PECO has millions available to help with energy bills, but says few eligible customers are applying for assistance

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

Deadlocked Pa. panel rejects Peco proposal for COVID-19 bill relief for low-income customers

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

PECO Extending Customer Support to Ensure All Residents Have Safe and Reliable Service During this Critical Time

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

Peco seeks electric rate hike that would boost bills by 9.65%, citing grid costs and COVID-19

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

Peco parent Exelon plans to separate into two firms: ‘Our customers expect us to continuously innovate’

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

Hundreds of thousands of people face utility shutoffs as pandemic surges

This article looks at what's happening on the ground in Philadelphia two days after the Pennsylvania PUC ended the utility shutoff moratorium. Importantly, at that time, PGW said that they had not yet terminated anyone. It was clear from the article that PECO was reaching out to let people know...Read more

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