PECO, the Philadelphia electric utility company, has agreed to pay $75,000 in penalties under a proposed settlement with the Pennsylvania...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
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
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
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
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 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
This document is PECO's notice for their proposed rate increase, which assumably was sent to their customers/posted on their website. Read more