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, 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
This document is PECO's notice for their proposed rate increase, which assumably was sent to their customers/posted on their website. 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