PECO

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

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 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

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 plans hourly rates to encourage customers to shift energy use to off-peak periods

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

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